XML 17 R7.htm IDEA: XBRL DOCUMENT v3.25.3
Unaudited Condensed Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net loss $ (15,278) $ (11,354)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,518 1,309
Amortization of debt discount and debt issuance costs 247 112
Amortization of loan commitment fees 461 0
Change in fair value of warrant liability 3,108 0
Loss on extinguishment of debt 295 0
Non-cash operating lease expense 717 656
Stock-based compensation 1,453 1,330
Other 147 317
Changes in assets and liabilities:    
Accounts receivable, net (3,257) (2,836)
Prepaid expenses and other current assets 1,358 662
Other assets 494 50
Operating lease liabilities (808) (720)
Accounts payable (545) (2,028)
Deferred revenue (92) 0
Accrued and other current liabilities (430) (1,140)
Net cash used in operating activities (10,612) (13,642)
Cash flows from investing activities:    
Purchases of property and equipment (597) (369)
Proceeds from disposal of property and equipment 6 0
Net cash used in investing activities (591) (369)
Cash flows from financing activities:    
Proceeds from common stock issued in public offering, net of issuance costs 18,627 0
Proceeds from common stock issued under ATM, net of issuance costs 3,436 0
Proceeds from common stock issued under Employee Stock Purchase Plan 398 176
Proceeds from exercise of stock options 0 22
Principal payments on finance lease obligations (313) (379)
Principal payments on notes payable obligations (427) (266)
Proceeds from issuance of debt and warrants, net of discounts 23,672 0
Payment to extinguish debt (19,705) 0
Payment of debt issuance costs (869) 0
Net cash provided by (used in) financing activities 24,819 (447)
Net increase (decrease) in cash, cash equivalents and restricted cash 13,616 (14,458)
Cash, cash equivalents and restricted cash, beginning of period 22,236 36,693
Cash, cash equivalents and restricted cash, end of period 35,852 22,235
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,107 1,307
Cash paid for taxes 38 12
Supplemental disclosure of non-cash items:    
Unpaid equipment settled under financing arrangement 682 0
Right-of-use assets obtained in exchange for finance lease liabilities 3,231 0
Recognition of warrant liability 3,525 0
Equipment purchased under notes payable obligations 0 706
Unpaid financing costs included in accounts payable and accrued liabilities 39 0
Costs incurred, but not paid, in connection with capital expenditures $ 17 $ 20