v3.26.1
CONDENSED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 9,077 $ 10,112
Accounts receivable, net 2,265 2,498
Inventory 4,704 2,987
Prepaid expenses and other current assets 1,234 1,072
Total current assets 17,280 16,669
Property and equipment, net 562 611
Operating lease right-of-use assets 651 843
Other long-term assets 76 41
TOTAL ASSETS 18,569 18,164
Current Liabilities    
Accounts payable 475 1,143
Accrued expenses and other current liabilities 4,101 2,697
Deferred revenue 140 177
Operating lease liabilities - current 442 410
Total current liabilities 5,158 4,427
Operating lease liabilities – long-term 245 477
Total liabilities 5,403 4,904
Commitments and contingencies - Note 8
Stockholders’ Equity    
Preferred stock, $0.001 par value: 10,000,000 shares authorized and none issued and outstanding as of June 30, 2026; 10,000,000 shares authorized and none issued and outstanding as of December 31, 2025 0 0
Common stock, $0.001 par value: 300,000,000 shares authorized as of June 30, 2026; 50,032,148 and 46,865,051 issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 50 47
Additional paid-in capital 183,295 168,878
Accumulated deficit (170,179) (155,665)
Total stockholders’ equity 13,166 13,260
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 18,569 $ 18,164