v3.26.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 586 $ 6,175
Accounts receivable, net of allowance of $7,884 and $7,647 as of June 30, 2026 and December 31, 2025, respectively 4,681 4,653
Inventory 718 571
Prepaid expenses and other current assets 463 920
Total current assets 6,448 12,319
Property and equipment, net 53,383 55,797
Goodwill 7,347 7,347
Intangible assets, net 6,334 7,756
Right-of-use assets - operating 10,684 10,720
Restricted cash 9,808 10,197
Inventory, net of current portion 1,925 2,946
Other long-term assets 238 247
Total assets 96,167 107,329
Current liabilities:    
Accounts payable 14,578 26,422
Accrued expenses and other current liabilities 24,894 32,574
Short-term license obligation 4,227 2,113
Deferred revenue 5,130 5,255
Preferred stock redemption liability 1,942 300
Derivative liability 92
Total current liabilities 59,738 80,759
Deferred revenue, net of current portion 13,070 2,799
Noncurrent acquisition - related contingent consideration 1,413 1,413
Noncurrent lease liabilities - operating 27,054 26,898
Warrant liabilities 567 1,545
Long-term license obligation 29,585 31,699
Deferred income tax liabilities 12 12
Other liabilities 259 266
Total liabilities 131,698 145,391
Commitments and contingencies (Note 13)
Stockholders’ equity (deficit)    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; 0 and 1,732,084 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively
Common Stock, $0.0001 par value, 730,000,000 shares authorized; 29,283,614 and 28,837,787 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 3 3
Additional paid-in capital 954,369 953,418
Accumulated other comprehensive loss
Accumulated deficit (989,903) (991,483)
Total stockholders’ deficit (35,531) (38,062)
Total liabilities and stockholders’ deficit 96,167 107,329
Nonrelated Party [Member]    
Current liabilities:    
Short-term debt 3,862 9,563
Related Party [Member]    
Current liabilities:    
Short-term debt $ 5,105 $ 4,440