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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net loss $ (10,674) $ (18,892)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,346 1,563
Stock-based compensation 5,116 5,928
Provision for credit losses and inventory 427 1,051
Amortization of operating lease right-of-use assets 343 263
Amortization of debt discount and issuance costs 361 301
Deferred income taxes (5) (5)
Revaluation of contingent royalty obligation payable to Evolus Founders (14) 2,151
Other adjustments to operating activities 125 146
Changes in operating assets and liabilities:    
Inventories 6,378 4,050
Accounts receivable 2,154 (823)
Prepaid expenses (873) (103)
Accounts payable (7,609) 4,722
Accrued expenses (3,744) (14,172)
Operating lease liabilities (411) (79)
Other operating assets (3,872) (1,733)
Net cash used in operating activities (9,952) (15,632)
Cash flows from investing activities    
Purchases of property and equipment (415) (319)
Additions to capitalized software (1,276) (1,542)
Net cash used in investing activities (1,691) (1,861)
Cash flows from financing activities    
Payment of contingent royalty obligation to Evolus Founders (1,893) (2,365)
Proceeds from issuance of debt instruments 10,000 0
Payments for debt issuance costs (484) 0
Issuance of common stock in connection with incentive equity plan 0 742
Payment of finance lease obligations (4) 0
Tax withholding paid on behalf of employees for net share settlement 0 (8)
Net cash provided by (used in) financing activities 7,619 (1,631)
Effect of exchange rates on cash and cash equivalents (10) 66
Net decrease in cash and cash equivalents (4,034) (19,058)
Cash and cash equivalents, beginning of period 53,826 86,952
Cash and cash equivalents, end of period 49,792 67,894
Supplemental disclosure of cash flow information    
Cash paid for interest 3,248 4,056
Cash paid for income taxes 30 46
Non-cash investing and financing information    
Capital expenditures included in accounts payable and accrued expenses $ 12 $ 476