v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Total revenue $ 29,427 $ 16,162 $ 55,462 $ 29,253
Cost of revenue:        
Total cost of revenue 11,709 7,581 23,287 14,283
Gross profit 17,718 8,581 32,175 14,970
Operating expenses:        
Research and development 13,817 8,895 26,834 17,197
Selling, general and administrative 17,433 7,605 31,220 14,245
Total operating expenses 31,250 16,500 58,054 31,442
Loss from operations (13,532) (7,919) (25,879) (16,472)
Interest income, net 1,875 630 2,414 1,416
Interest expense (224) (48) (447) (94)
Loss on remeasurement of convertible notes (1,377)   (9,971)  
Other (expense) income, net (34) 314 (270) 468
Net loss before income tax (13,292) (7,023) (34,153) (14,682)
Provision (benefit) for income taxes (93)   371  
Net loss $ (13,199) $ (7,023) $ (34,524) $ (14,682)
Net loss per share, basic $ (0.22) $ (0.62) $ (0.97) $ (1.3)
Net loss per share, diluted $ (0.22) $ (0.62) $ (0.97) $ (1.3)
Weighted-average common shares outstanding, basic 58,665,055 11,409,556 35,589,492 11,334,630
Weighted-average common shares outstanding, diluted 58,665,055 11,409,556 35,589,492 11,334,630
Product Revenue        
Revenue:        
Total revenue $ 23,269 $ 12,040 $ 44,610 $ 21,209
Cost of revenue:        
Total cost of revenue 9,858 6,489 19,668 11,860
Service and Other Revenue        
Revenue:        
Total revenue 6,158 4,122 10,852 8,044
Cost of revenue:        
Total cost of revenue $ 1,851 $ 1,092 $ 3,619 $ 2,423