v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedules of Concentration of Risk, by Risk Factor
A significant portion of our revenue is concentrated with a limited number of customers. The following table represents the concentration of revenue for all customers that accounted for more than 10% of our revenues:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Customer A sales as a percentage of total revenues11 %31 %12 %29 %
Customer B sales as a percentage of total revenues22 %N/A17 %N/A
Customer C sales as a percentage of total revenuesN/A39 %N/A46 %
A significant portion of our accounts receivable is concentrated with a limited number of customers. The following table represents the concentration of accounts receivable for all customers that account for more than 10% of our total accounts receivable as of June 30, 2026 and December 31, 2025:
June 30, 2026December 31, 2025
Customer A receivables as a percentage of total accounts receivable11 %11 %
Customer B receivables as a percentage of total accounts receivableN/AN/A
Customer C receivables as a percentage of total accounts receivableN/AN/A
Customer D receivables as a percentage of total accounts receivableN/A18 %
Customer E receivables as a percentage of total accounts receivable14 %30 %
Customer F receivables as a percentage of total accounts receivable13 %N/A
Schedule of Property and Equipment, net Depreciation expense is recognized using the straight-line method over the following estimated useful lives:
CategoryEstimated Useful Life
Robot Assets
4 - 6 years
Tooling
3 - 4 years
Office Equipment
3 years
Furniture and Fixtures
5 years
Leasehold ImprovementsShorter of remaining lease term or estimated useful life for leasehold improvements
The following is a summary of property and equipment, net (in thousands):
June 30,
2026		December 31,
2025
Robot assets$50,098 $47,221 
Construction in progress8,282 3,357 
Tooling2,350 2,111 
Office equipment611 375 
Furniture and fixtures655 — 
Leasehold improvement618 414 
Total62,614 53,478 
Less: accumulated depreciation(12,107)(6,465)
Property and equipment, net$50,507 $47,013 
Schedule of Potentially Dilutive Items Outstanding
Potentially dilutive items outstanding are as follows:
As of June 30,
20262025
Unvested restricted stock units
8,883,386 6,495,638 
Common stock warrants5,079,294 1,096,481 
Contingently issuable shares1,795,960 — 
Stock options694,138 874,049 
Unvested restricted stock awards subject to recourse and nonrecourse loans
40,143 107,046 
Total potentially dilutive shares16,492,921 8,573,214