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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net loss $ (48,638) $ (40,143)
Adjustment to reconcile net loss to net cash used in operating activities    
Depreciation 125 127
Equity-based compensation 3,176 3,210
Non-cash interest expense 253 0
Amortization of right of use lease asset 336 298
Foreign currency loss 479 552
Change in fair value of warrants 2,587 0
Changes in operating assets and liabilities    
Prepaid expenses and other current assets (636) (2,843)
Other non-current assets (882) (787)
Accounts payable 877 1,139
Lease liability (418) (312)
Accrued expenses and other current liabilities (152) (3,155)
Net cash used in operating activities (42,893) (41,914)
Cash flows from investing activities    
Purchase of property and equipment (54) (23)
Net cash used in investing activities (54) (23)
Cash flows from financing activities    
Proceeds from the issuance of debt 11,720 0
Payments of debt issuance costs (233) 0
Net cash provided by financing activities 11,487 0
Net decrease in cash, cash equivalents and restricted cash (31,460) (41,937)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (440) (509)
Cash, cash equivalents and restricted cash, beginning of period 60,299 143,461
Cash, cash equivalents and restricted cash, end of period 28,399 101,015
Components of cash, cash equivalents, and restricted cash    
Cash and cash equivalents 28,131 100,747
Restricted cash 268 268
Total cash, cash equivalents and restricted cash $ 28,399 $ 101,015