v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss from continuing operations $ (18,869) $ (12,605)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 2,395 753
Discount on issuance of Convertible Notes 412 0
Loss on fair-value adjustment of Convertible Notes 229 0
Changes in assets and liabilities:    
Prepaid expenses and other current assets 7,276 3,271
Operating lease right-of-use assets and current and noncurrent lease liabilities (5,440) (4,733)
Net investment in lease 94 0
Accounts payable, accrued expenses and other current liabilities 6,599 (215)
Net cash used in operating activities, continuing operations (7,304) (13,529)
Net cash used in operating activities, discontinued operations (15,884) (23,046)
Cash flows from investing activities:    
Purchase of property and equipment (2,758) (1,371)
Changes in security deposits 657 91
Net cash used in investing activities, continuing operations (2,101) (1,280)
Net cash provided by investing activities, discontinued operations 38,166 386
Cash flows from financing activities:    
Proceeds from long-term debt 7,838 0
Proceeds from the exercise of stock options 265 8
Taxes withheld and paid on employee stock awards (210) (4)
Proceeds from issuance of common stock under employee stock purchase plan 47 67
Payment of deferred financing costs 0 (30)
Proceeds from issuance of shares under public offering, net 15,433 0
Net cash provided by financing activities, continuing operations 23,373 41
Net cash (used in) provided by financing activities, discontinued operations (25,225) 2,111
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash 11 1,734
Net increase (decrease) in cash, cash equivalents, and restricted cash 11,036 (33,583)
Cash, cash equivalents, and restricted cash—beginning of period 27,552 67,584
Cash, cash equivalents, and restricted cash—end of period 38,588 34,001
Supplemental disclosures of cash flow information:    
Cash paid for interest 0 50
Cash paid for taxes 0 133
Noncash investing and financing activities:    
Purchase of property and equipment included in accounts payable 0 48
Stock-based compensation included in capitalized internal-use software 0 70
Transfer of property and equipment to net investment in lease 2,758 0
Reconciliation of cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 37,378 33,144
Restricted cash included in prepaid expenses and other current assets 1,210 857
Total cash, cash equivalents, and restricted cash $ 38,588 $ 34,001