v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 59,350 $ 5,794
Marketable securities 26,590 47,395
Accounts and other receivables, net 2,893 2,320
Inventory 17,585 13,789
Prepaid expenses 1,643 2,490
Other current assets 2,089 1,323
Total current assets 110,150 73,111
Restricted cash, noncurrent 2,604 2,604
Property and equipment, net 9,195 5,477
Right of use operating lease asset 12,042 12,613
Marketable securities 1,003 1,011
Inventory, noncurrent 3,049 1,864
Other assets 632 546
TOTAL ASSETS 138,675 97,226
Current liabilities    
Accounts payable 4,097 7,049
Accrued expenses and other liabilities 5,499 5,605
Interest payable 195 212
Operating lease liability 1,036 1,182
Notes payable, current, net 41,196
Total current liabilities 52,023 14,048
Other liabilities 359 184
Operating lease liability 17,436 16,520
Notes payable, net 40,886
Total liabilities 69,818 71,638
STOCKHOLDERS' EQUITY    
Common stock, $0.0001 par value; 600,000,000 shares authorized, 75,330,559 and 45,025,917 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 8 5
Additional paid-in capital 504,673 426,852
Accumulated deficit (436,743) (402,216)
Accumulated other comprehensive income 919 947
Total stockholders' equity 68,857 25,588
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 138,675 $ 97,226