XML 17 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 45,776,000 $ 12,502,000
Accounts receivable, net 1,831,000 800,000
Short-term investments, net 9,139,000 16,799,000
Prepaid expenses and other current assets 9,002,000 8,413,000
Total current assets 65,748,000 38,514,000
Restricted cash, non-current 0 4,128,000
Property and equipment, net 42,949,000 45,600,000
Operating lease right-of-use assets, net 15,873,000 9,980,000
Capitalized internal-use software, net 41,801,000 32,521,000
Other assets 2,187,000 944,000
Total assets 168,558,000 131,687,000
Current liabilities:    
Accounts payable 1,459,000 1,973,000
Accrued expenses and other current liabilities 7,584,000 8,768,000
Finance lease liabilities and lease financing obligations, current 16,327,000 18,492,000
Operating lease liabilities, current 4,026,000 1,878,000
Deferred revenue, current 30,407,000 25,976,000
Total current liabilities 59,803,000 57,087,000
Finance lease liabilities and lease financing obligations, non-current 13,142,000 13,310,000
Operating lease liabilities, non-current 12,844,000 8,151,000
Deferred revenue, non-current 5,147,000 4,073,000
Debt facility, non-current 0 4,128,000
Total liabilities 90,936,000 86,749,000
Commitments and contingencies (Note 11)
Stockholders’ Equity    
Additional paid-in capital 273,602,000 192,388,000
Accumulated deficit (195,985,000) (147,454,000)
Total stockholders’ equity 77,622,000 44,938,000
Total liabilities and stockholders’ equity 168,558,000 131,687,000
Class A common stock    
Stockholders’ Equity    
Preferred stock, 0.0001 par value; 10,000,000 shares authorized as of December 31, 2024 and 2023; zero shares issued and outstanding as of December 31, 2024 and 2023. 0 0
Common stock, value, issued 5,000 4,000
Class B common stock    
Stockholders’ Equity    
Common stock, value, issued $ 0 $ 0