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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 10,925 $ 9,008
Restricted cash 0 8,250
Current marketable securities 0 1,018
Accounts receivable, net 9,192 9,710
Contract assets, net 13,781 13,362
Prepaid expenses and other current assets 4,269 4,728
Total current assets 38,167 46,076
Non-current assets:    
Property and equipment, net 1,372 1,525
Operating lease right-of-use assets, net 2,017 3,114
Intangible assets, net 24,910 26,027
Goodwill 30,070 30,070
Non-current portion of contract assets 13,324 14,272
Other assets 1,590 1,558
Total non-current assets 73,283 76,566
Total assets 111,450 122,642
Current liabilities:    
Accounts payable 3,558 3,483
Accrued expenses and other current liabilities 10,284 19,397
Accrued income taxes 2,071 2,486
Deferred revenue, current 8,824 10,751
Operating lease liabilities, current 1,032 1,121
Vendor financing obligation, current 1,191 1,165
Total current liabilities 26,960 38,403
Non-current liabilities:    
Deferred revenue, non-current 4,728 5,157
Operating lease liabilities, non-current 965 1,961
Vendor financing obligation, non-current 2,084 2,038
Other non-current liabilities 0 94
Total liabilities 34,737 47,653
Commitments and contingencies (Note 13)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, no shares issued and outstanding as of March 31, 2026 and December 31, 2025 0 0
Common stock, $0.0001 par value; 500,000,000 shares authorized; 32,234,263 and 30,948,403 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 3 3
Additional paid-in capital 154,007 146,136
Accumulated deficit (75,078) (69,218)
Accumulated other comprehensive loss (2,219) (1,932)
Total stockholders' equity 76,713 74,989
Total liabilities and stockholders' equity $ 111,450 $ 122,642