Quarterly report [Sections 13 or 15(d)]

Unaudited Condensed Consolidated Balance Sheets

v3.26.3
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 30,499 $ 39,568
Accounts receivable, net 13,322 29,532
Inventory, net 7,144 14,153
Prepaid expenses and other current assets 5,737 6,065
Total Current Assets 56,702 89,318
Restricted cash 445 89
Property and equipment, net 37,234 42,691
Operating lease right-of-use assets 2,354 6,331
Intangible assets, net 3,870 6,634
Goodwill 1,742 1,742
Other assets 567 648
Total Assets 102,914 147,453
Current Liabilities:    
Accounts payable, accrued expenses and other current liabilities 35,645 47,284
Current portion of earn-out liabilities 301 1,005
Current portion of operating lease liabilities 1,691 2,781
Current portion of deferred revenue 10,565 12,137
Total Current Liabilities 48,202 63,207
Earn-out liabilities, non-current portion 0 981
Operating lease liabilities, non-current portion 2,134 4,804
Deferred revenue, non-current portion 2,224 5,145
Other liabilities 8,011 8,826
Total Liabilities 60,571 82,963
Commitments and contingencies (Note 7)
Stockholders' Equity:    
Preferred stock, $0.001 par value, 40,000,000 shares authorized, 0 shares issued and outstanding as of September 30, 2026 and December 31, 2025 0 0
Common stock, $0.001 par value, 500,000,000 shares authorized, 145,188,351 and 142,128,133 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively 145 142
Additional paid-in capital 898,334 895,505
Accumulated other comprehensive loss (9,407) (8,731)
Accumulated deficit (846,729) (822,426)
Total Stockholders' Equity 42,343 64,490
Total Liabilities and Stockholders' Equity $ 102,914 $ 147,453