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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net Income (Loss) $ (25,782) $ (29,470)
Adjustments to reconcile net loss to net cash (used in) operating activities:    
Depreciation and amortization 5,568 4,631
Stock-based compensation 3,684 4,311
Gain on receipt of nonmonetary tangible assets (1,600) (1,600)
Change in right-of-use assets 606 747
Non-cash issuance of warrants 0 1,940
Change in warrant valuations and cancellations 60 (51)
Other (110) 0
Changes in operating assets and liabilities    
Accounts receivable 3,484 (2,851)
Inventories (1,118) 3,202
Prepaid expenses and other assets (823) (1,444)
Other long-term assets 0 361
Accounts payable (956) 1,932
Accrued and other current liabilities 1,584 (2,966)
Other long-term liabilities (174) (446)
Net cash used in operating activities (15,577) (21,704)
Cash flows from investing activities    
Purchase of intangible assets (3,687) (2,145)
Purchases of property, equipment and software (1,162) (243)
Net cash used in investing activities (4,849) (2,388)
Cash flows from financing activities    
Proceeds from issuance of common stock in connection with initial public offering, net of offering costs, underwriting discounts and commissions 99,843 0
Proceeds from issuance of preferred stock, net of issuance costs 0 57,983
Proceeds from exercise of stock options 353 349
Proceeds from exercise of warrants 5,702 0
Net cash provided by financing activities 105,898 58,332
Effect of exchange rate changes on cash and cash equivalents 37 8
Net (decrease) increase in cash and cash equivalents 85,509 34,248
Cash and cash equivalents at beginning of period 60,981 27,321
Cash and cash equivalents at end of period 146,490 61,569
Supplemental disclosure of non-cash investing and financing activities    
Intangible assets in accounts payable, accrued and other long-term liabilities 7,904 3,456
Gain on receipt of nonmonetary tangible asset 1,600 1,600
Right-of-use assets obtained in exchange for new operating lease liabilities 383 1,124
Deemed dividends $ 0 $ 2,724