v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 30,948 $ 35,461
Restricted cash 5,600 5,550
Accounts receivable, net of allowance for credit losses of $878 and $723, respectively 33,126 22,931
Inventory 15,655 15,291
Prepaid expenses and other current assets 2,993 2,684
Total current assets 88,322 81,917
Property and equipment, net 826 295
Intangible assets, net 2,016 1,391
Other assets 2,408 2,028
Total assets 93,572 85,631
Current liabilities:    
Accounts payable 12,137 11,967
Accrued and other expenses 21,841 19,427
Current portion of deferred revenue 2,798 2,282
Line of credit 17,063 6,932
Current portion of long-term and other debt 0 3,635
Total current liabilities 53,839 44,243
Long-term debt, net 0 2,463
Common stock warrant liabilities 753 3,273
Other long-term liabilities 150 197
Total liabilities 54,742 50,176
Commitments and Contingencies
Mezzanine equity:    
Mezzanine equity 15,692 16,413
Stockholders’ equity:    
Common stock, $0.0001 par value, 107,142,857 shares authorized as of June 30, 2026 and December 31, 2025; 28,813,466 and 26,945,426 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 3 3
Additional paid-in capital 334,206 326,244
Accumulated deficit (311,071) (307,205)
Total stockholders’ equity 23,138 19,042
Total liabilities, mezzanine equity, and stockholders' equity 93,572 85,631
Series A Convertible Preferred Stock    
Mezzanine equity:    
Mezzanine equity 8,151 7,151
Series B Convertible Preferred Stock    
Mezzanine equity:    
Mezzanine equity 5,540 4,844
Redeemable Common Stock    
Mezzanine equity:    
Mezzanine equity $ 2,001 $ 4,418