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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 24,468 $ 11,746
Marketable securities, short-term 15,816 8,156
Accounts receivable, net of allowance for credit losses of $262 and $2,239 at September 30, 2025, and December 31, 2024, respectively 15,782 7,976
Inventory 28,536 21,997
Prepaid expenses and other current assets 3,154 3,533
Total current assets 87,756 53,408
Property and equipment, net 2,544 2,812
Operating right-of-use assets 2,537 1,576
Intangible assets, net 1,719 1,922
Other assets 1,074 984
Goodwill 12,209 12,209
Total assets 107,839 72,911
Current liabilities:    
Accounts payable 28,357 8,077
Accrued expenses and other current liabilities 6,901 7,361
Short-term debt, net of unamortized debt discount and issuance costs [1] 47,217  
Deferred revenue, current portion 1,015 525
Warranty liability, current portion 560 496
Operating lease liabilities, current portion 820 649
Total current liabilities 84,870 17,108
Warranty liability, net of current portion 7,774 5,302
Deferred revenue, net of current portion 882 644
Long-term debt, net of unamortized debt discount and issuance costs   40,511
Operating lease liabilities, net of current portion 2,007 961
Other long-term liabilities 251  
Total liabilities 95,784 64,526
Commitments and Contingencies (Note 8)
Stockholders' equity    
Common stock, $0.0001 par value: 150,000,000 shares authorized; 69,484,663 and 60,800,130 shares issued and outstanding at September 30, 2025, and December 31, 2024, respectively 7 6
Additional paid-in capital 164,166 146,903
Accumulated deficit (152,123) (138,526)
Accumulated other comprehensive income 5 2
Total stockholders' equity 12,055 8,385
Total liabilities and stockholders' equity $ 107,839 $ 72,911
[1] On January 9, 2025, the Convertible Promissory Note was reclassified from non-current liabilities to current liabilities as the maturity date falls within the twelve months of the reporting date. As of September 30, 2025, the outstanding balance of the Convertible Promissory Note is presented within current liabilities as “Short-term debt, net of unamortized debt discount and issuance costs.”