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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 10,996 $ 11,640
Accounts receivable, net 26,870 15,142
Inventories 36,567 37,843
Prepaid expenses and other current assets 7,868 7,070
Total current assets 82,301 71,695
Property and equipment, net 6,111 14,660
Operating lease right-of-use assets, net 3,193 4,991
Other non-current assets 6,728 2,338
Total assets 98,333 93,684
Liabilities    
Accounts payable 8,931 2,756
Convertible debt, current 19,970 0
Other current liabilities 17,768 16,817
Total current liabilities 46,669 19,573
Convertible debt, non-current 0 19,920
Earn-out shares liability 0 39
Common stock warrant liability 121 395
Other non-current liabilities 17,933 8,561
Total liabilities 64,723 48,488
Commitments and contingencies (Note 15)
Stockholders’ Equity    
Common Stock $0.0001 par value, authorized 1,000,000 shares, 5,941 and 5,627 shares issued and outstanding at December 31, 2023 and 2022, respectively 1 1
Preferred Stock $0.0001 par value, authorized 10,000 shares, 0 shares issued and outstanding at December 31, 2024 and 2023 0 0
Additional paid-in capital 237,029 198,456
Accumulated deficit (203,420) (153,261)
Total stockholders’ equity 33,610 45,196
Total liabilities and stockholders’equity $ 98,333 $ 93,684