v3.26.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Sales $ 13,850 $ 12,103 $ 27,187 $ 23,708
Cost of goods sold [1],[2] 12,804 10,631 24,607 20,775
Gross profit 1,046 1,472 2,580 2,933
Operating expenses:        
Research and development [1],[2] 4,577 6,485 10,292 13,462
Sales and marketing [2] 2,876 2,392 5,120 4,506
General and administrative [1],[2] 7,541 8,045 15,050 16,149
Total operating expenses 14,994 16,922 30,462 34,117
Loss from operations (13,948) (15,450) (27,882) (31,184)
Other income (expense):        
Change in fair value of warrant liabilities (1,387) (1,499) 3,856 (5,009)
Interest expense, net (4,486) (4,602) (8,520) (23,440)
Other income (expense), net 0 (26) 7 381
Net loss (19,821) (21,577) (32,539) (59,252)
Less: Deemed dividend to preferred stockholders 0 0 0 403
Net loss attributable to common stockholders $ (19,821) $ (21,577) $ (32,539) $ (59,655)
Net loss applicable to common stockholders per common share:        
Basic (in dollars per share) $ (0.68) $ (1.63) $ (1.22) $ (5.40)
Diluted (in dollars per share) $ (0.68) $ (1.63) $ (1.22) $ (5.40)
Weighted average common shares outstanding:        
Basic (in shares) 29,070,934 13,270,197 26,697,567 11,051,720
Diluted (in shares) 29,070,934 13,270,197 26,697,567 11,051,720
[1] Amounts include depreciation and amortization as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2026
2025
2026
2025
Cost of goods sold
$
2,667 
$
2,050 
$
4,933 
$
3,963 
Research and development
1,913 
2,529 
4,271 
5,215 
General and administrative
991 
1,277 
1,996 
2,558 
Total depreciation and amortization
$
5,571 
$
5,856 
$
11,200 
$
11,736 
[2] Amounts include stock-based compensation as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2026
2025
2026
2025
Cost of goods sold
$
23 
$
75 
$
44 
$
86 
Research and development
23 
145 
51 
161 
Sales and marketing
43 
245 
86 
282 
General and administrative
906 
1,795 
1,807 
2,321 
Total stock-based compensation expense, net of amounts capitalized
$
995 
$
2,260 
$
1,988 
$
2,850