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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED)        
Revenue $ 9,485 $ 8,613 $ 27,829 $ 26,444
Cost of goods sold 2,819 3,357 8,142 7,812
Gross profit 6,666 5,256 19,687 18,632
Operating expenses        
Research and development, net of grant income 918 1,826 3,842 5,592
Selling, general and administrative 8,610 8,260 26,209 26,097
Total operating expenses 9,528 10,086 30,051 31,689
Loss from operations (2,862) (4,830) (10,364) (13,057)
Other income (expense)        
Interest expense, net (645) (588) (1,866) (775)
Gain (loss) on foreign currency transactions (64) 2,650 9,128 680
Total other income (expense), net (709) 2,062 7,262 (95)
Loss before benefit from income taxes (3,571) (2,768) (3,102) (13,152)
Benefit from income taxes 401 0 401 0
Net loss $ (3,170) $ (2,768) $ (2,701) $ (13,152)
Basic net loss per common share (in dollars per share) $ (0.05) $ (0.05) $ (0.04) $ (0.24)
Diluted net loss per common share (in dollars per share) $ (0.05) $ (0.05) $ (0.04) $ (0.24)
Weighted average number of shares of common stock outstanding, basic (in shares) 62,753,959 54,453,006 62,038,902 54,340,583
Weighted average number of shares of common stock outstanding, diluted (in shares) 62,753,959 54,453,006 62,038,902 54,340,583
Other comprehensive income (loss):        
Foreign currency translation adjustment, net of tax $ 116 $ (2,330) $ (8,096) $ (686)
Comprehensive loss $ (3,054) $ (5,098) $ (10,797) $ (13,838)