v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 47,521 $ 43,454
Short-term investments 48,381 47,582
Accounts receivable 15,942 11,744
Inventories 11,713 10,252
Prepaid expenses and other current assets 6,979 6,498
Total current assets 130,536 119,530
Property, plant and equipment, net 4,019 3,166
Right-of-use assets 2,463 936
Total assets 137,018 123,632
Current liabilities    
Accounts payable 4,011 2,658
Accrued expenses 9,072 8,191
Lease liabilities, current 196 101
Total current liabilities 13,279 10,950
Lease liabilities, non-current 2,267 835
Other liabilities, non-current 327 628
Total liabilities 15,873 12,413
Commitments and contingencies (see Note 12)
Stockholders’ equity    
Preferred stock, $0.01 par value; 10,000,000 shares authorized; 14,192 and 14,192 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 0 0
Common stock, $0.01 par value; 80,000,000 shares authorized; 34,636,252 shares and 34,691,671 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 346 347
Additional paid-in capital 647,791 639,145
Accumulated deficit (527,250) (528,848)
Accumulated other comprehensive income 258 575
Total stockholders’ equity 121,145 111,219
Total liabilities and stockholders’ equity $ 137,018 $ 123,632