Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Segment Revenue, Gross Profit, and Net Income (Loss)

The following table presents segment revenue, gross profit, and net loss for the periods presented (in thousands):


	Three Months Ended June 30,						Six Months Ended June 30,
	2026			2025			2026			2025
Revenues	$	4,740		$	18,393		$	15,965		$	24,272
Cost of goods sold		4,167			16,756			11,021			21,399
Gross profit		573			1,637			4,944			2,873
less:
Employee related		3,086			2,959			6,015			5,944
Stock-based compensation(1)		1,934			1,528			3,988			2,989
Facility and rent		516			1,132			1,115			2,191
Insurance		618			800			1,385			1,678
Depreciation		465			504			964			951
Professional services		740			448			1,361			1,084
Computer and software as a service		448			502			1,078			852
Research and development materials		427			472			878			809
Other(2)		286			355			747			2,682
Other (income) expense, net(3)		(1,096	)		405			(816	)		1,256
Change in fair value of derivative instruments		15			6			6			60
Provision for income taxes		27			13			32			25
Segment net loss	$	(6,893	)	$	(7,487	)	$	(11,809	)	$	(17,648	)

____________

(1)

Stock-based compensation includes general and administrative, sales and marketing, and research and development-related stock-based compensation that was previously consolidated in employee related costs.

(2)

Other includes general and administrative freight, as well as travel & entertainment, property/franchise taxes, merchant fees, and bad debt expense.

(3)

Other (income) expense, net includes $1.2 million in recoveries associated with previously paid import duties for both of the three and six months ended June 30, 2026.