v3.26.1
Condensed Consolidated Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Total
Dragonfly Note Conversion
Common Class A
Common Stock
Common Stock
Dragonfly Note Conversion
Common Stock
Common Class A
Additional Paid-in Capital
Additional Paid-in Capital
Dragonfly Note Conversion
Additional Paid-in Capital
Common Class A
Accumulated Other Comprehensive Income
Accumulated Deficit
Beginning Balance at Dec. 31, 2024 $ 97,831     $ 1     $ 899,943     $ 4,786 $ (806,899)
Balance, shares at Dec. 31, 2024       12,590,442              
Issuance of Class A common stock upon vesting of restricted stock units, shares           74,041          
Issuance of Class A common Stock upon exercise of employee stock purchase plan and exercise of stock options     $ 148           $ 148    
Issuance of Class A common stock upon exercise of employee stock purchase plan and exercise of stock options, shares           13,703          
Prior GPO interest conversion 73           73        
Prior GPO interest conversion, shares       62,143              
Convertible Note conversion   $ 946           $ 946      
Convertible Note conversion, shares         5,613            
Era Note $ 2,719                    
Era Note, shares 216,338                    
Era Note       (100,334)              
Brokerage Shares issued $ 315           315        
Brokerage Shares issued, shares       25,000              
Stock-based compensation expense 3,375           3,375        
Withholding taxes on net share settlement of stock-based compensation and option exercises (42)           (42)        
Net loss (4,250)                   (4,250)
Foreign currency translation gain (loss) 301                 301  
Balance at Mar. 31, 2025 $ 2,719                    
Balance, shares at Mar. 31, 2025 216,338                    
Ending Balance at Mar. 31, 2025 $ 98,697     $ 1     904,758     5,087 (811,149)
Balance, share at Mar. 31, 2025       12,670,608              
Beginning Balance at Dec. 31, 2024 97,831     $ 1     899,943     4,786 (806,899)
Balance, shares at Dec. 31, 2024       12,590,442              
Net loss (17,521)                    
Balance at Jun. 30, 2025 $ 2,719                    
Balance, shares at Jun. 30, 2025 216,338                    
Ending Balance at Jun. 30, 2025 $ 95,095     $ 2     914,376     5,137 (824,420)
Balance, share at Jun. 30, 2025       13,611,713              
Beginning Balance at Mar. 31, 2025 98,697     $ 1     904,758     5,087 (811,149)
Balance at Mar. 31, 2025 $ 2,719                    
Balance, shares at Mar. 31, 2025       12,670,608              
Balance, shares at Mar. 31, 2025 216,338                    
Issuance of Class A common stock upon vesting of restricted stock units, shares           200,701          
Convertible Note conversion $ 4,782     $ 1     4,781        
Convertible Note conversion, shares       599,429              
Prior GPO convertible note interest conversion, shares       140,975              
Prior GPO convertible note interest conversion 956           956        
Stock-based compensation expense 3,965           3,965        
Withholding taxes on net share settlement of stock-based compensation and option exercises (84)           (84)        
Net loss (13,271)                   (13,271)
Foreign currency translation gain (loss) 50                 50  
Balance at Jun. 30, 2025 $ 2,719                    
Balance, shares at Jun. 30, 2025 216,338                    
Ending Balance at Jun. 30, 2025 $ 95,095     $ 2     914,376     5,137 (824,420)
Balance, share at Jun. 30, 2025       13,611,713              
Beginning Balance at Dec. 31, 2025 61,951     $ 2     933,905     190 (872,146)
Balance, shares at Dec. 31, 2025       16,248,288              
Issuance of Class A common stock upon vesting of restricted stock units, value     26           26    
Issuance of Class A common stock upon vesting of restricted stock units, shares           159,545          
Issuance of Class A common Stock upon exercise of employee stock purchase plan and exercise of stock options     $ 45           $ 45    
Issuance of Class A common stock upon exercise of employee stock purchase plan and exercise of stock options, shares           36,285          
Convertible Note conversion 3,083           3,083        
Convertible Note conversion, shares       2,736,978              
GPO convertible note interest conversions,shares       221,050              
GPO convertible note interest conversions 392           392        
Stock-based compensation expense 3,041           3,041        
Withholding taxes on net share settlement of stock-based compensation and option exercises (51)           (51)        
Net loss (43,613)                   (43,613)
Foreign currency translation gain (loss) (79)                 (79)  
Ending Balance at Mar. 31, 2026 24,795     $ 2     940,441     111 (915,759)
Balance, share at Mar. 31, 2026       19,402,146              
Beginning Balance at Dec. 31, 2025 61,951     $ 2     933,905     190 (872,146)
Balance, shares at Dec. 31, 2025       16,248,288              
Net loss (71,447)                    
Ending Balance at Jun. 30, 2026 274     $ 3     942,787     1,077 (943,593)
Balance, share at Jun. 30, 2026       28,142,412              
Beginning Balance at Mar. 31, 2026 24,795     $ 2     940,441     111 (915,759)
Balance, shares at Mar. 31, 2026       19,402,146              
Issuance of Class A common stock upon vesting of restricted stock units, shares           229,502          
Convertible Note conversion 831           831        
Convertible Note conversion, shares       4,196,829              
GPO convertible note conversion, shares       4,313,935              
GPO convertible note conversion 692     $ 1     691        
Stock-based compensation expense 828           828        
Withholding taxes on net share settlement of stock-based compensation and option exercises (4)           (4)        
Change in fair value of debt instruments 997                 997  
Net loss (27,834)                   (27,834)
Foreign currency translation gain (loss) (31)                 (31)  
Ending Balance at Jun. 30, 2026 $ 274     $ 3     $ 942,787     $ 1,077 $ (943,593)
Balance, share at Jun. 30, 2026       28,142,412