v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (27,164) $ (28,502)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 6,581 5,371
Depreciation of property and equipment 414 377
Loss on disposal of equipment 1 0
Amortization of deferred financing costs and loan discount 167 119
Changes in operating assets and liabilities:    
Accounts receivable 1,264 2,115
Inventory (823) 387
Prepaid expenses and other current assets 596 271
Accounts payable 41 450
Accrued expenses (2,067) (1,291)
Net cash used in operating activities (20,990) (20,703)
Cash flows from investing activities:    
Purchase of property and equipment (234) (217)
Net cash used in investing activities (234) (217)
Cash flows from financing activities:    
Proceeds from the exercise of common stock options 68 449
Proceeds from Employee Stock Purchase Plan 449 360
Proceeds from the issuance of common stock 696 9,198
Proceeds from debt financing 10,000 0
Debt financing costs (1,110) 0
Net cash provided by financing activities 10,103 10,007
Effect of currency exchange on cash and cash equivalents (1) 5
Net change in cash and cash equivalents (11,122) (10,908)
Cash and cash equivalents at beginning of period 75,708 105,933
Cash and cash equivalents at end of period 64,586 95,025
Supplemental Information:    
Cash paid for interest 2,715 2,537
Cash paid for income taxes $ 0 $ 0