v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities:    
Net income (loss) $ (30,242) $ (20,506)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 550 331
Amortization of right-of-use assets 346 349
Stock-based compensation 789 1,023
Change in provision for credit losses 1,129 1,366
Change in fair value of common stock forward liability (3) (295)
Change in fair value of warrant liabilities 15,445 (639)
Change in fair value of convertible promissory notes 1,506 176
Fair value of common stock warrants issued in connection with convertible note extension 155  
Changes in operating assets and liabilities:    
Accounts receivable 320 548
Inventory (517) (18)
Contract assets 289 (855)
Prepaid expenses and other current assets (6,412) 1,346
Other assets 44 79
Accounts payable (411) (483)
Contract liabilities 81 (24)
Accrued and other current liabilities (7,249) 1,188
Net defined benefit liabilities 381 1,132
Other taxes payable (47) (324)
Lease liabilities (355) (794)
Other liabilities 216 (189)
Net cash used in operating activities (23,985) (16,589)
Investing activities:    
Purchases of property and equipment (386) (209)
Net cash used in investing activities (386) (209)
Financing activities:    
Proceeds from borrowings 0 7,500
Proceeds from issuance of common stock under common stock purchase agreement   190
Proceeds from issuance of common stock and common stock warrants in a registered direct offering   11,000
Proceeds from exercise of stock options 3 21
Payment of common stock issuance costs (1,835) (847)
Tax withholding on restricted stock units (8) (11)
Proceeds from issuance of convertible promissory notes 2,790  
Repayments of borrowings (2,612) (2,212)
Net cash provided by financing activities 53,991 16,128
Effect of exchange rate changes on cash and cash equivalents 18 501
Net change in cash and cash equivalents 29,638 (169)
Cash and cash equivalents at beginning of period 590 1,435
Cash and cash equivalents at end of period 30,228 1,266
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,538 2,711
Cash paid for income taxes 237 65
Cash paid for operating leases 364 361
Non-cash financing activities:    
Unpaid common stock issuance costs included in accounts payable   275
Issuance of common stock from conversion of convertible promissory notes 5,158  
Operating lease right-of-use assets obtained in exchange for operating lease liabilities   61
At the Market Agreement    
Financing activities:    
Proceeds from issuance of common stock under common stock purchase agreement $ 55,653 $ 487