v3.26.1
Segment Reporting
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
We have one operating and reportable segment, which is engaged in the development and commercialization of our Breast Acoustic CT Scanner. Our Chief Executive Officer has been determined to be the chief operating decision maker (“CODM”). The CODM assesses performance, makes operating decisions and decides how to allocate resources based on
net loss that is reported on the unaudited consolidated statements of operations and comprehensive loss. The measure of segment assets is reported on the unaudited condensed consolidated balance sheets as total consolidated assets.
The following table presents information about reported segment revenue, significant segment expenses, and segment net loss for the three and six months ended June 30, 2026 and 2025 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Revenue
$7,435 $3,659 $13,965 $6,458 
Less:
    Cost of revenue (1)
4,375 1,832 8,233 2,819 
    Research and development (1)
1,624 901 3,348 1,753 
    Selling, general and administrative (1)
3,300 1,969 6,597 3,971 
    Other expense (income), net4 (9)8 (24)
    Change in fair value of warrant liability
(89)2,796 84 3,501 
    Change in fair value of derivative liability
— — — (101)
    Change in fair value of earnout liability
250 (210)200 (160)
    Loss on debt extinguishment and modification8,294 — 8,294 2,124 
    Interest expense, net
745 379 1,675 1,070 
    Income tax expense2 3 2 3 
 Consolidated net loss
$(11,070)$(4,002)$(14,476)$(8,498)
(1)    Includes total salaries, bonuses, employee benefits and stock-based compensation of $3.3 million and $1.8 million for the three months ended June 30, 2026 and 2025, respectively, and $6.2 million and $3.4 million for the six months ended June 30, 2026 and 2025, respectively.
All of our long-lived assets are located in the United States.