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Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 16,604 $ 26,245
Accounts receivable, net of allowance for credit losses of $35 and $481 12,674 8,603
Other current assets 4,123 4,636
Total current assets 33,401 39,484
Non‑current assets    
Property and equipment, net 25,462 27,828
Intangible assets, net 4,375 5,874
Operating lease right-of-use assets 2,942 1,767
Goodwill 15,031 15,031
Other long-term assets 7,511 7,260
Total non‑current assets 55,321 57,760
Total assets 88,722 97,244
Current liabilities    
Accounts payable 3,617 2,194
Accrued liabilities 9,720 10,064
Deferred revenue 2,773 678
Current portion of operating lease liabilities 1,394 719
Current portion of notes payable 11 21
Other current liabilities 637 641
Total current liabilities 18,152 14,317
Non‑current liabilities    
Long‑term notes payable, net of current portion 47,111 36,408
Long-term operating lease liabilities 24,412 24,828
Other long-term liabilities 769 815
Total non‑current liabilities 72,292 62,051
Total liabilities 90,444 76,368
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.001 par value, 5,000,000 authorized; 0 (2025 and 2024) issued and outstanding
Common stock, $0.001 par value, 200,000,000 authorized; 7,954,541 (2025) and 7,274,578 (2024) shares issued and outstanding [1] 8 7
Additional paid‑in capital [1] 492,052 483,366
Accumulated deficit (493,782) (462,497)
Total stockholders' (deficit) equity (1,722) 20,876
Total liabilities and stockholders' (deficit) equity $ 88,722 $ 97,244
[1] All share information, Common stock balances, and Additional paid-in capital balances has been adjusted to reflect the 1-for-20 reverse stock split effective September 15, 2025.