v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net loss $ (3,866) $ (33,884)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 396 228
Stock-based compensation 6,723 3,134
Provision for credit losses 85 (24)
Common stock warrant liability adjustment (2,520) 28,066
Amortization of debt financing costs 706 1,260
Loss on debt extinguishment 2,209 0
Settlement of cumulative PIK (327) 0
Write-off of prepaid deposit 0 347
Other adjustments, net 128 283
Changes in assets and liabilities:    
Accounts receivable (10,280) (12,254)
Prepaid expenses and other assets (1,394) (524)
Inventory (366) (973)
Accounts payable and accrued and other expenses 2,908 5,890
Lease liabilities (36) (65)
Deferred revenue 493 346
Net cash used in operating activities (5,141) (8,170)
Cash flows from investing activities    
Purchase of property and equipment (554) (65)
Purchase of intangible assets (87) (28)
Capitalized internal-use software development costs (715) (106)
Net cash used in investing activities (1,356) (199)
Cash flows from financing activities    
Proceeds from short-term borrowings 31,495 32,998
Payments of short-term borrowings (22,083) (24,725)
Payments of long-term borrowings (7,520) 0
Employee taxes paid related to vesting and settlement of stock-based awards (4,346) (619)
Proceeds related to the issuance of common stock under stock plans 4,200 627
Debt financing costs paid (63) (75)
Issuance costs paid 0 (260)
Warrant exchange transaction costs paid (41) 0
Proceeds from exercise of common stock warrants 0 1,822
Other, net 392 97
Net cash provided by financing activities 2,034 9,865
Net change in cash, cash equivalents, and restricted cash (4,463) 1,496
Cash, cash equivalents, and restricted cash at beginning of period 41,011 20,631
Cash, cash equivalents, and restricted cash at end of period 36,548 22,127
Supplemental disclosure of non-cash investing and financing activities:    
Cash paid for income taxes 37 45
Cash paid for interest 851 771
Accretion on preferred stock and redeemable common stock 1,718 1,738
Conversion of redeemable common stock to common stock 2,439 0
Accrued bonus liability settled through issuance of common stock 158 0
Debt financing costs included in accounts payable and accrued liabilities 217 0
Purchases of property and equipment included in accounts payable 67 73
Purchases of intangible assets included in accounts payable 32 34
Stock-based compensation for software development $ 114 $ 27