v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 132,969,000 $ 30,002,000
Short-term investments 117,083,000 0
Accounts receivable 20,344,000 12,753,000
Inventory 45,409,000 38,482,000
Prepaid expenses and other current assets 15,577,000 13,468,000
Total current assets 331,382,000 94,705,000
Restricted cash 6,254,000 4,907,000
Property and equipment, net 13,358,000 10,498,000
Operating lease right-of-use assets 35,798,000 26,130,000
Capitalized software, net 1,605,000 1,988,000
Other assets - noncurrent 2,578,000 1,764,000
Total assets 390,975,000 139,992,000
Current Liabilities    
Accounts payable 13,790,000 5,872,000
Accrued and other current liabilities 11,893,000 15,759,000
Short-term operating lease liabilities 2,277,000 2,099,000
Total current liabilities 27,960,000 23,730,000
Long-term operating lease liabilities 39,182,000 29,564,000
Warrant liabilities   247,000
Term debt 9,947,000 9,810,000
Other noncurrent liabilities 1,029,000 599,000
Total liabilities 78,118,000 63,950,000
Convertible preferred stock   234,996,000
Stockholders' equity (deficit)    
Founders preferred stock
Common stock 7,000 1,000
Additional paid-in capital 516,288,000 9,892,000
Accumulated other comprehensive loss (139,000) (72,000)
Accumulated deficit (203,299,000) (168,775,000)
Total stockholders' equity (deficit) 312,857,000 (158,954,000)
Total liabilities, convertible preferred stock and stockholders' deficit $ 390,975,000 $ 139,992,000