v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue        
Total revenue $ 15,615 $ 19,055 $ 31,317 $ 34,829
Cost of revenue        
Total cost of revenue [1] 7,956 10,859 15,439 19,154
Operating expenses        
Research and development 4,057 4,454 7,850 10,087
Sales and marketing 3,806 4,150 8,078 7,727
General and administrative 5,989 5,856 10,680 13,627
Depreciation and amortization 1,021 1,320 2,028 2,842
Total operating expenses 14,873 15,780 28,636 34,283
Loss from operations (7,214) (7,584) (12,758) (18,608)
Other expense, net        
Loss on extinguishment of debt (120) 0 (120) 0
Interest expense, net (306) (281) (629) (534)
Realized gain on equity investment 765 0 765 0
Change in fair value of warrant liability 14 (32) (23) (69)
Other (expense) income, net (39) 48 (73) 112
Total other income (expense), net 314 (265) (80) (491)
Loss before income taxes (6,900) (7,849) (12,838) (19,099)
Provision for income taxes 0 0 0 0
Net loss (6,900) (7,849) (12,838) (19,099)
Other comprehensive income (loss)        
Unrealized loss on available-for-sale securities (1) (2) (4) (16)
Foreign currency translation adjustment 11 (15) 44 (11)
Comprehensive loss $ (6,890) $ (7,866) $ (12,798) $ (19,126)
Net loss per common share:        
Basic net loss per common share (in dollars per share) $ (0.04) $ (0.05) $ (0.08) $ (0.12)
Diluted net loss per common share (in dollars per share) $ (0.04) $ (0.05) $ (0.08) $ (0.12)
Weighted average shares outstanding:        
Basic (in shares) 161,191,157 160,416,365 160,949,018 160,344,652
Diluted (in shares) 161,191,157 160,416,365 160,949,018 160,344,652
Hardware        
Revenue        
Total revenue $ 3,444 $ 5,916 $ 7,801 $ 9,953
Cost of revenue        
Total cost of revenue [1] 3,340 4,150 6,558 7,453
Software        
Revenue        
Total revenue 6,124 5,244 12,267 10,403
Cost of revenue        
Total cost of revenue [1] 600 503 1,131 1,054
Professional services        
Revenue        
Total revenue 6,047 7,895 11,249 14,473
Cost of revenue        
Total cost of revenue [1] $ 4,016 $ 6,206 $ 7,750 $ 10,647
[1] Exclusive of depreciation and amortization shown in operating expenses.