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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 146,490 $ 60,981
Accounts receivable, net 7,006 10,401
Inventories, net 16,126 15,008
Prepaid expenses and other current assets 3,401 2,566
Total current assets 173,023 88,956
Property, equipment and software, net of accumulated depreciation and amortization of $14,244 and $13,158, respectively 4,350 2,616
Right-of-use assets, net 732 928
Intangible assets, net of accumulated amortization of $9,502 and $5,082, respectively 8,572 11,729
Other assets 50 49
Total assets 186,727 104,278
Current liabilities:    
Accounts payable 3,305 2,933
Accrued and other current liabilities 9,559 8,202
Short-term lease liabilities 402 633
Total current liabilities 13,266 11,768
Long-term lease liabilities 369 333
Warrant liabilities 0 112
Other long-term liabilities 3,305 6,317
Total liabilities 16,940 18,530
Commitments and contingencies (Note 6)
Redeemable convertible preferred stock, $0.000001 par value; 10,000,000 shares authorized; 0 and 341,496,158 shares issued and outstanding at September 30, 2025 and December 31, 2024. 0 378,150
Stockholders' equity (deficit):    
Common stock, $0.000001 par value; 500,000,000 shares authorized; 18,238,462 shares and 434,720 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 0 0
Additional paid-in-capital 516,273 28,368
Accumulated deficit (346,032) (320,250)
Accumulated other comprehensive loss (454) (520)
Total stockholders' equity (deficit) 169,787 (292,402)
Total liabilities, redeemable convertible preferred stock and stockholders' equity (deficit) $ 186,727 $ 104,278