| Segment Reporting |
9. Segment Reporting The following table presents financial information with respect to the Company’s single operating segment, including significant segment expenses, which are regularly provided to the CODM and included within consolidated operating loss (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, |
|
|
Six Months Ended June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Revenues |
|
$ |
8,171 |
|
|
$ |
6,733 |
|
|
$ |
14,858 |
|
|
$ |
13,190 |
|
Cost of revenue |
|
|
3,857 |
|
|
|
3,256 |
|
|
|
7,292 |
|
|
|
6,774 |
|
Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
Salaries, wages, and benefits |
|
|
6,189 |
|
|
|
5,471 |
|
|
|
11,951 |
|
|
|
11,293 |
|
Contracted services |
|
|
2,146 |
|
|
|
2,400 |
|
|
|
4,292 |
|
|
|
5,079 |
|
Non-inventory materials |
|
|
233 |
|
|
|
272 |
|
|
|
480 |
|
|
|
353 |
|
Consulting |
|
|
344 |
|
|
|
302 |
|
|
|
517 |
|
|
|
815 |
|
Rent and facilities |
|
|
639 |
|
|
|
562 |
|
|
|
1,370 |
|
|
|
1,134 |
|
Depreciation and amortization |
|
|
1,692 |
|
|
|
1,811 |
|
|
|
3,404 |
|
|
|
3,641 |
|
Travel and entertainment |
|
|
156 |
|
|
|
119 |
|
|
|
371 |
|
|
|
246 |
|
Administrative and other |
|
|
133 |
|
|
|
340 |
|
|
|
296 |
|
|
|
117 |
|
Total operating expenses |
|
|
11,532 |
|
|
|
11,277 |
|
|
|
22,681 |
|
|
|
22,678 |
|
Loss from operations |
|
$ |
(7,218 |
) |
|
$ |
(7,800 |
) |
|
$ |
(15,115 |
) |
|
$ |
(16,262 |
) |
Administrative and other primarily includes operating expenses for gain on lease termination/modification, disposals of property, plant, and equipment and taxes, interest, and fees.
|