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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 50,237,000 $ 3,213,000
Restricted cash 251,000 0
Accounts receivable, net 55,000 11,000
Accounts receivable – related party (Note 13) 0 467,000
Inventories 8,561,000 6,522,000
Prepaid expenses and other current assets 14,837,000 2,836,000
Total current assets 73,690,000 13,049,000
Property and equipment, net 2,081,000 1,555,000
Deferred income tax assets 2,157,000 1,033,000
Operating lease right of use assets 1,773,000 2,423,000
Other assets 815,000 579,000
Total assets 80,516,000 18,639,000
Current liabilities:    
Demand notes 0 4,750,000
Accounts payable 7,904,000 14,925,000
Accrued expenses and other current liabilities 11,996,000 7,464,000
Accrued loss on purchase commitments 603,000 3,588,000
Accrued compensation 1,613,000 1,938,000
Income tax payable 2,109,000 1,000
Current operating lease liabilities 578,000 569,000
Warrant liabilities, current portion 14,711 0
Convertible notes, current portion 148,629,000 14,641,000
Total current liabilities 188,143,000 47,876,000
Long-term operating lease liabilities 1,166,000 1,791,000
Warrant liabilities 0 3,730,000
Convertible notes 0 18,064,000
Other liabilities 1,670,000 391,000
Commitments and contingencies (Note 12)
Total liabilities 190,979,000 71,852,000
Stockholders' deficit:    
Common stock, Value 0 0
Treasury stock, at cost: 124,225 shares at December 31, 2024 and 2023 0 0
Additional paid-in capital 145,441,000 141,496,000
Accumulated deficit (429,251,000) (368,056,000)
Total stockholders' deficit (283,810,000) (226,560,000)
Deferred underwriting commissions 11,100,000 1,500,000
Total liabilities and stockholders' deficit 80,516,000 18,639,000
Redeemable Convertible Preferred Stock    
Current liabilities:    
Redeemable convertible preferred stock - $0.00001 par value; 96,650,097 shares authorized as of December 31, 2024 and 2023, respectively; 44,494,703 shares issued and outstanding at December 31, 2024 and 2023, respectively; liquidation preference of $173,347 as of December 31, 2024 and 2023, respectively 173,347,000 173,347,000
BURTECH ACQUISITION CORP [Member]    
Current assets:    
Cash and cash equivalents 1,506 0
Restricted cash 757,336 843,313
Due from sponsor 0 318,888
Trust Account - Restricted for Redeeming Shareholders 0 24,539,002
Total current assets 758,842 25,701,203
Investments held in Trust Account 47,558,112 46,893,175
Total assets 48,316,954 72,594,378
Current liabilities:    
Accrued expenses 4,882,163 2,123,846
Franchise tax payable 200,000 35,800
Due to Trust Account 0 318,888
Income tax payable 517,179 1,027,644
Redeemed stock payable to public stockholders 0 24,539,002
Convertible promissory note - related party 1,500,000 810,345
Advances from sponsor 2,971,258 0
Excise tax payable 2,861,625 2,523,150
Derivative liability - Non-Redemption Agreement 1,084,963 0
Total current liabilities 14,017,188 31,378,675
Total liabilities 24,079,688 41,441,175
Stockholders' deficit:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding 0 0
Accumulated deficit (23,362,085) (15,839,811)
Total stockholders' deficit (23,361,003) (15,838,729)
Deferred underwriting commissions 10,062,500 10,062,500
Class A common stock subject to possible redemption, 4,104,543 and 4,345,663 shares at redemption value of approximately $11.60 and $10.81 as of December 31, 2024 and 2023, respectively 47,598,269 46,991,932
Total liabilities and stockholders' deficit 48,316,954 72,594,378
BURTECH ACQUISITION CORP [Member] | Class A common stock not subject to possible redemption    
Stockholders' deficit:    
Common stock, Value $ 1,082 $ 1,082