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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net Income (Loss) $ (17,286) $ (16,780)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,525 3,814
Stock-based compensation 6,919 1,616
Gain on receipt of nonmonetary tangible assets 0 (1,600)
Change in right-of-use assets 386 510
Change in warrant valuations and cancellations 0 60
Other 0 (110)
Changes in operating assets and liabilities    
Accounts receivable (10,242) 2,705
Inventories (12,428) (751)
Prepaid expenses and other assets 931 (1,257)
Other long-term assets 49 (1)
Accounts payable 4,002 874
Accrued and other current liabilities 3,872 446
Other long-term liabilities (406) (75)
Net cash used in operating activities (20,678) (10,549)
Cash flows from investing activities    
Purchase of intangible assets (5,120) (2,687)
Purchases of property, equipment and software (781) (454)
Net cash used in investing activities (5,901) (3,141)
Cash flows from financing activities    
Proceeds from issuance of common stock in connection with follow-on offerings, net of underwriting discounts and commissions 245,468 0
Payment of deferred offering costs (1,542) 0
Proceeds from exercise of stock options 6,099 175
Proceeds from exercise of warrants 3,010 0
Net cash provided by financing activities 253,035 175
Effect of exchange rate changes on cash and cash equivalents 43 39
Net increase (decrease) in cash and cash equivalents 226,499 (13,476)
Cash and cash equivalents at beginning of period 140,275 60,981
Cash and cash equivalents at end of period 366,774 47,505
Supplemental disclosure of non-cash investing and financing activities    
Intangible assets in accounts payable, accrued and other long-term liabilities 5,991 8,328
Gain on receipt of nonmonetary tangible assets 0 1,600
Right-of-use assets obtained in exchange for new operating lease liabilities $ 3,018 $ 383