v3.26.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Adjusted Operating Income to Operating Income and Net Income

The following table presents selected financial information with respect to the Company's significant segment expenses:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(In thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Segment Revenue

 

$

5,775

 

 

$

1,012

 

 

$

9,313

 

 

$

2,722

 

Other Revenue (1)

 

 

8

 

 

 

3

 

 

 

8

 

 

 

3

 

Total Revenue

 

 

5,783

 

 

 

1,015

 

 

 

9,321

 

 

 

2,725

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue

 

 

4,088

 

 

 

459

 

 

 

6,560

 

 

 

802

 

Research and development

 

 

4,195

 

 

 

3,014

 

 

 

8,011

 

 

 

5,805

 

General and administrative

 

 

6,181

 

 

 

3,196

 

 

 

12,028

 

 

 

6,514

 

Sales and marketing

 

 

1,989

 

 

 

1,121

 

 

 

3,648

 

 

 

2,161

 

Intangible amortization expense

 

 

356

 

 

 

 

 

 

711

 

 

 

 

Other (2)

 

 

2,387

 

 

 

1,319

 

 

 

3,695

 

 

 

2,468

 

Interest income, net

 

 

(262

)

 

 

(505

)

 

 

(587

)

 

 

(946

)

(Gain) loss on warrant liabilities

 

 

(814

)

 

 

(102

)

 

 

232

 

 

 

(29,351

)

Other income, net

 

 

(11

)

 

 

 

 

 

(43

)

 

 

 

Net (loss) income

 

$

(12,326

)

 

$

(7,487

)

 

$

(24,934

)

 

$

15,272

 

 

(1)
Other revenue includes revenue from legacy product sales.
(2)
Other for the three months ended June 30, 2026 includes $2.3 million of stock compensation expenses and $0.1 million of severance charges. Other for the three months ended June 30, 2025 includes $1.1 million of stock compensation expenses and $0.2 million of severance charges. Other for the six months ended June 30, 2026 includes $3.6 million of stock compensation expenses and $0.1 million of severance charges. Other for the six months ended June 30, 2025 includes $2.3 million of stock compensation expenses and $0.2 million of severance charges.