v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net sales $ 2,637 $ 170 $ 4,999 $ 170
Cost of goods sold 2,294 85 4,472 85
Gross profit 343 85 527 85
Operating expenses:        
Research and development 6,620 5,951 13,037 11,370
Selling, general and administrative 10,120 5,265 20,059 9,628
Total operating expenses 16,740 11,216 33,096 20,998
Loss from operations (16,397) (11,131) (32,569) (20,913)
Other (expense) income:        
Interest expense (1,335) (1,431) (2,651) (2,828)
Interest income 282 614 696 1,247
(Loss) on foreign currency (3) (19) (3) (28)
Total other (expense), net (1,056) (836) (1,958) (1,609)
Loss before income taxes (17,453) (11,967) (34,527) (22,522)
Income tax expense
Net loss $ (17,453) $ (11,967) $ (34,527) $ (22,522)
Net loss per share attributable to common stockholders:        
Net loss per share attributable to common stockholders, basic $ (0.35) $ (0.30) $ (0.73) $ (0.59)
Net loss per share attributable to common stockholders, diluted $ (0.35) $ (0.30) $ (0.73) $ (0.59)
Weighted-average number of common shares outstanding:        
Weighted-average number of common shares outstanding, basic 49,236,129 39,586,205 47,148,836 38,426,604
Weighted-average number of common shares outstanding, diluted 49,236,129 39,586,205 47,148,836 38,426,604
Net loss $ (17,453) $ (11,967) $ (34,527) $ (22,522)
Other comprehensive (loss) income:        
Change in unrealized loss on marketable securities (10) (8) (59) (19)
Foreign currency translation adjustments (3) 11 31 11
Total other comprehensive (loss) income (13) 3 (28) (8)
Comprehensive loss $ (17,466) $ (11,964) $ (34,555) $ (22,530)