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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED)        
Revenue $ 9,617 $ 8,842 $ 18,344 $ 17,831
Cost of goods sold 2,803 2,339 5,323 4,455
Gross profit 6,814 6,503 13,021 13,376
Operating expenses        
Research and development, net of grant income 1,262 1,519 2,924 3,766
Selling, general and administrative 9,167 8,554 17,599 17,837
Total operating expenses 10,429 10,073 20,523 21,603
Loss from operations (3,615) (3,570) (7,502) (8,227)
Other income (expense)        
Interest expense, net (616) (180) (1,221) (187)
Gain (loss) on foreign currency transactions 6,178 (544) 9,192 (1,970)
Total other income (expense), net 5,562 (724) 7,971 (2,157)
Net income (loss) attributable to common stockholders $ 1,947 $ (4,294) $ 469 $ (10,384)
Basic net loss per common share (in dollars per share) $ 0.03 $ (0.08) $ 0.01 $ (0.19)
Diluted net loss per common share (in dollars per share) $ 0.03 $ (0.08) $ 0.01 $ (0.19)
Weighted average number of shares of common stock outstanding, basic (in shares) 62,608,598 54,306,041 61,675,447 54,284,416
Weighted average number of shares of common stock outstanding, diluted (in shares) 67,166,377 54,306,041 66,255,298 54,284,416
Other comprehensive income (loss):        
Foreign currency translation adjustment, net of tax $ (5,476) $ 421 $ (8,212) $ 1,644
Comprehensive loss $ (3,529) $ (3,873) $ (7,743) $ (8,740)