| Schedule of Segment Information |
The following table presents selected financial information with respect to the Company’s single operating segment: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | (in thousands) | 2026 | | 2025 | | 2026 | | 2025 | | Service revenue | $ | 25 | | | $ | 191 | | | $ | 3,240 | | | $ | 513 | | | Cost of revenue | — | | | 2 | | | 1,398 | | | 2 | | | Gross profit | 25 | | | 189 | | | 1,842 | | | 511 | | | Operating expenses: | | | | | | | | | Research and development expenses | 4,226 | | | 2,193 | | | 8,395 | | | 4,108 | | | Selling, general and administrative expenses | 3,904 | | | 3,940 | | | 10,244 | | | 8,532 | | | Total operating expenses | 8,130 | | | 6,133 | | | 18,639 | | | 12,640 | | | Loss from operations | (8,105) | | | (5,944) | | | (16,797) | | | (12,129) | | | | | | | | | | | Other income (expense), net: | | | | | | | | | Realized loss on disposal of assets | (12) | | | — | | | (338) | | | — | | | Interest income | 308 | | | 2 | | | 422 | | | 6 | | | Interest expense | (116) | | | (91) | | | (702) | | | 65 | | | Gain on debt extinguishment | — | | | 13 | | | — | | | 71 | | | Change in fair value of convertible debt carried at fair value | — | | | (835) | | | — | | | (835) | | | Change in fair value of warrant liability | (123) | | | — | | | (123) | | | — | | | Other income (expense) | (221) | | | 405 | | | (211) | | | 200 | | | Total other income (expense), net | (164) | | | (506) | | | (952) | | | (493) | | | Net loss | $ | (8,269) | | | $ | (6,450) | | | $ | (17,749) | | | $ | (12,622) | |
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