v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 34,004 $ 39,568
Accounts receivable, net 18,923 29,532
Inventory, net 11,287 14,153
Prepaid expenses and other current assets 6,856 6,065
Total Current Assets 71,070 89,318
Restricted cash 619 89
Property and equipment, net 40,649 42,691
Operating lease right-of-use assets 2,781 6,331
Intangible assets, net 4,765 6,634
Goodwill 1,742 1,742
Other assets 711 648
Total Assets 122,337 147,453
Current Liabilities:    
Accounts payable, accrued expenses and other current liabilities 45,960 47,242
Current portion of earn-out liabilities 713 1,005
Notes payable 265 265
Current portion of operating lease liabilities 1,305 2,781
Current portion of financing lease liabilities 42
Current portion of deferred revenue 12,563 12,137
Total Current Liabilities 60,806 63,472
Earn-out liabilities, non-current portion 981
Operating lease liabilities, non-current portion 2,899 4,804
Financing lease liabilities, non-current portion 64
Deferred revenue, non-current portion 2,556 5,145
Other liabilities 8,283 8,497
Total Liabilities 74,544 82,963
Commitments and contingencies (Note 7)
Stockholders’ Equity:    
Preferred stock, $0.001 par value, 40,000,000 shares authorized, 0 shares issued and outstanding as of June 30, 2026 and December 31, 2025
Common stock, $0.001 par value, 500,000,000 shares authorized, 143,779,491 and 142,128,133 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 144 142
Additional paid-in capital 897,525 895,505
Accumulated other comprehensive loss (9,848) (8,731)
Accumulated deficit (840,028) (822,426)
Total Stockholders’ Equity 47,793 64,490
Total Liabilities and Stockholders’ Equity $ 122,337 $ 147,453