| Balance Sheet Components |
5.Balance Sheet Components Inventory Inventory consists of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
December 31, |
|
|
|
2026 |
|
|
2025 |
|
Raw materials |
|
$ |
22,524 |
|
|
$ |
21,539 |
|
Finished goods |
|
|
29,363 |
|
|
|
25,442 |
|
Total inventory |
|
$ |
51,887 |
|
|
$ |
46,981 |
|
Property and Equipment, net Property and equipment, net consists of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
December 31, |
|
|
|
2026 |
|
|
2025 |
|
Machinery and equipment |
|
$ |
12,051 |
|
|
$ |
7,948 |
|
Leasehold improvements |
|
|
78 |
|
|
|
78 |
|
Purchased software |
|
|
555 |
|
|
|
555 |
|
Construction in progress |
|
|
778 |
|
|
|
2,980 |
|
Total property and equipment |
|
|
13,462 |
|
|
|
11,561 |
|
Accumulated depreciation and amortization |
|
|
(3,668 |
) |
|
|
(2,658 |
) |
Total property and equipment, net |
|
$ |
9,794 |
|
|
$ |
8,903 |
|
Depreciation and amortization of property and equipment was $0.5 million and $0.3 million for the three months ended June 30, 2026 and 2025, and $1.0 million and $0.5 million for the six months ended June 30, 2026 and 2025. Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consists of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
December 31, |
|
|
|
2026 |
|
|
2025 |
|
Accrued promotional activities |
|
$ |
8,263 |
|
|
$ |
6,015 |
|
Accrued inventory purchases |
|
|
8,697 |
|
|
|
1,939 |
|
Accrued marketing |
|
|
2,443 |
|
|
|
2,320 |
|
Accrued third-party manufacturing fees |
|
|
3,249 |
|
|
|
565 |
|
Accrued payroll expenses |
|
|
2,913 |
|
|
|
2,811 |
|
Accrued deferred offering costs |
|
|
— |
|
|
|
3,783 |
|
Accrued interest |
|
|
— |
|
|
|
1,435 |
|
Accrued other expenses |
|
|
4,944 |
|
|
|
5,351 |
|
Operating lease liabilities, current portion |
|
|
166 |
|
|
|
50 |
|
Total accrued expenses and other current liabilities |
|
$ |
30,675 |
|
|
$ |
24,269 |
|
|