v3.26.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 12,538 $ 21,692
Short-term investments 39,161 39,366
Accounts receivable 14,930 12,936
Inventory 18,111 14,862
Prepaid expenses and other current assets 1,453 1,438
Current assets of discontinued operations 0 3,779
Total current assets 86,193 94,073
Property and equipment, net 1,243 1,125
Operating lease right-of-use asset 9,216 10,132
Restricted cash 241 122
Other assets 98 113
Total assets 96,991 105,565
Current liabilities:    
Accounts payable 4,204 1,776
Accrued liabilities 10,850 13,184
Operating lease liability 2,256 2,117
Deferred revenue 123 141
Current liabilities of discontinued operations 0 596
Total current liabilities 17,433 17,814
Long-term debt 59,014 58,884
Operating lease liability, net of current portion 8,661 9,836
Total liabilities 85,108 86,534
Commitments and contingencies (Note 5)
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized and no shares issued and outstanding as of June 30, 2026 and December 31, 2025 0 0
Common stock, $0.001 par value, 200,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 34,282,567 and 33,574,759 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 34 34
Additional paid-in capital 577,153 571,412
Accumulated deficit (565,304) (552,415)
Total stockholders’ equity 11,883 19,031
Total liabilities and stockholders’ equity $ 96,991 $ 105,565