Balance Sheet Details

6 Months Ended

Jun. 30, 2026

Balance Sheet Related Disclosures [Abstract]

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets as of June 30, 2026 and December 31, 2025 was composed of the following (in thousands):


	June 30, 2026		December 31, 2025
Deferred inventory costs	$	25,099	$	19,595
Other prepaid expenses	18,132		18,196
Prepaid marketing expenses	17,246		12,736
Other current assets	7,844		6,474
Total prepaid expenses and other current assets	$	68,321	$	57,001

Deferred inventory costs for members are amortized ratably over the membership subscription period. The amortization cost for the three months ended June 30, 2026 and 2025 were $11.3 million and $7.7 million, respectively, and for the six months ended June 30, 2026 and 2025 were $23.1 million and $15.1 million, respectively. These amortization costs are included in cost of revenue in the unaudited condensed consolidated statements of operations and comprehensive income (loss).

Inventory

Inventory as of June 30, 2026 and December 31, 2025 was composed of the following (in thousands):


	June 30, 2026		December 31, 2025
Raw materials	$	6,215	$	6,560
Work in process	45		116
Finished goods	10,509		8,960
Total inventory	$	16,769	$	15,636

As of June 30, 2026 and December 31, 2025 inventory primarily consisted of the Company’s Enso device that have not been shipped to members.

Property, Equipment, and Software, Net

Property, equipment, and software, net as of June 30, 2026 and December 31, 2025 was composed of the following (in thousands):


	June 30, 2026		December 31, 2025
Capitalized internal-use software	$	26,337	$	22,485
Computers software and equipment	4,354		4,879
Furniture and fixtures	771		688
Machinery and equipment	1,080		2,015
Leasehold improvements	203		203
Total	32,745		30,270
Accumulated depreciation and amortization	(20,000)		(19,780)
Property, equipment and software, net	$	12,745	$	10,490

During the three months ended June 30, 2026 and 2025 depreciation expense was $0.2 million and $0.3 million, respectively, and during the six months ended June 30, 2026 and 2025 depreciation expense was $0.5 million and $0.7 million, respectively. During the three months ended June 30, 2026 and 2025 the Company capitalized internal-use software costs of $1.7 million (including $0.4 million in stock-based compensation expense) and $1.6 million, respectively, and incurred amortization expense of $0.6 million and $0.8 million, respectively. During the six months ended June 30, 2026 and 2025 the Company capitalized internal-use software costs of $3.2 million (including $0.7 million in stock-based compensation expense) and $2.3 million, respectively, and incurred amortization expense of $1.3 million and $1.6 million, respectively.

Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities as of June 30, 2026 and December 31, 2025 was composed of the following (in thousands):


	June 30, 2026		December 31, 2025
Accrued employee related costs	$	7,421	$	9,259
Accrued employee stock purchase plan liability	1,765		2,203
Accrued commissions	23,451		20,856
Accrued taxes payable	9,078		6,168
Accrued client refunds	7,646		6,295
Accrued other	11,358		12,550
Total accounts payable and accrued liabilities	$	60,719	$	57,331