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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and Cash Equivalent $ 72,291 $ 28,864
Marketable securities 49,608 83,143
Accounts receivable, net 3,363 1,187
Inventories 5,787 2,345
Other current assets 22,476 7,761
Total current assets 153,525 123,300
Operating lease right-of-use assets 5,480 3,826
Property, plant, and equipment, net 12,845 10,332
Intangible assets, net 825 1,725
Other noncurrent assets 7,026 8,306
Total assets 179,701 147,489
Liabilities and stockholders' equity    
Accounts payable 5,885 5,453
Accrued liabilities 12,063 5,710
Accrued employee costs 13,945 5,783
Lease liability, current portion 1,488 3,039
Other current liabilities 2,488 19,174
Total current liabilities 35,869 39,159
Lease liability, noncurrent portion 4,213 720
Convertible notes 96,693 0
Warrant liability 29,711 8,258
Total liabilities 166,486 48,137
Commitments and contingencies (Note 15)
Stockholders' Equity    
Convertible preferred stock $0.0001 par value, 10,000 shares authorized; no shares issued and outstanding as of December 31, 2025 and December 31, 2024 0 0
Common stock $0.0001 par value; 422,000 shares authorized; 61,580 and 54,140 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively 6 6
Additional paid-in capital 770,502 711,160
Accumulated other comprehensive (loss) income (4) 47
Accumulated deficit (757,289) (611,861)
Total stockholders' equity 13,215 99,352
Total liabilities and stockholders' equity $ 179,701 $ 147,489