v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating Activities:    
Net income (loss) $ (2,121) $ (5,567)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities    
Stock-based compensation 3,143 2,106
Depreciation and amortization 607 388
Amortization of right-of-use leases 56 185
Provision for credit losses 379 131
Change in fair value of derivative liabilities 0 3,911
Amortization of debt issuance and debt discounts 111 1,062
Write-off of inventory 69 0
Loss on disposal of assets 18 0
Proceeds from tenant improvement funds 0 429
Changes in operating assets and liabilities    
Accounts receivable (757) (650)
Inventory (1,205) (1,762)
Prepaid expenses and other assets 385 (1,231)
Accounts payable (133) 274
Accrued expenses and contract liabilities 370 200
Operating leases (100) 0
Net Cash Provided by (Used in) Operating Activities 822 (524)
Investing Activities    
Purchase of property and equipment (357) (1,321)
Deposits on property and equipment (35) 0
Investment in software development (213) 0
Net Cash Used in Investing Activities (606) (1,321)
Financing Activities    
Proceeds from exercises of stock options 77 253
Repayment of principal secured term loan (2,875) 0
Payments of principal on finance leases 0 (149)
Net Cash (Used in) Provided by Financing Activities (2,798) 104
Net Change in Cash During Period (2,583) (1,741)
Cash at Beginning of Period 11,959 10,237
Cash at End of Period 9,376 8,496
Supplemental Information:    
Cash paid for interest 828 2,255
Cash paid for income taxes 51 0
Non-cash Investing and Financing Activities:    
Right-of-use assets obtained in exchange for lease liabilities 619 430
Stock options granted in lieu of cash bonus 69 117
Purchases of property and equipment in accounts payable 191 0
Capitalize interest into senior secured debt 0 407
RSUs granted in exchange for services $ 0 $ 10