v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 122,301 $ 150,489
Accounts receivable, net of allowance for credit losses of $2,015 and $1,389 at September 30, 2026 and December 31, 2025, respectively 37,378 26,744
Inventories 59,584 61,389
Current portion of vendor advances 2,922 2,063
Prepaid expenses and other current assets 21,484 8,418
Total current assets 243,669 249,103
Property and equipment, net 15,851 16,587
Intangible assets, net 6,466 7,516
Non-current portion of vendor advances 4,798 5,008
Operating lease assets 11,366 12,652
Other non-current assets 5,825 5,667
Total assets 287,975 296,533
Current liabilities:    
Accounts payable 5,657 5,442
Deferred revenue, current 15,926 26,909
Accrued purchase commitments, current 0 131
Warrant liabilities, current 0 413
Accrued expenses and other current liabilities 46,404 32,222
Total current liabilities 67,987 65,117
Deferred revenue, non-current 11,133 9,391
Operating lease liabilities 15,546 17,721
Other non-current liabilities 8,864 8,325
Total liabilities 103,530 100,554
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Additional paid-in capital 1,102,006 1,075,147
Accumulated deficit (917,588) (879,194)
Total stockholders’ equity 184,445 195,979
Total liabilities and stockholders’ equity 287,975 296,533
Class A Common Stock    
Stockholders’ equity:    
Common stock 25 23
Class B Common Stock    
Stockholders’ equity:    
Common stock $ 2 $ 3