Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Cash Flows

v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Cash flows from operating activities:      
Net Income (Loss) $ (9,552) $ (6,026)  
Adjustments to reconcile net loss to net cash flows from operating activities:      
Allowance for credit losses (recoveries) (95) 217  
Depreciation and amortization 86 103  
Amortization of intangible assets 504 0  
Share-based compensation 2,218 1,908  
Payment-in-kind interest 525 0  
Amortization of debt issuance costs and original issue discounts 42 0  
Amortization of lease right of use assets, net of accretion in lease liabilities 523 231  
Increase (decrease) in cash resulting from changes in:      
Accounts receivable (2,019) 846  
Inventory, net (125) 78  
Prepaid expenses and other current assets 653 168  
Other assets (71) 0  
Accounts payable and accrued expenses (437) (2,882)  
Lease liabilities (391) (234)  
Contract liabilities 172 (581)  
Net cash flows from operating activities (7,967) (6,172) $ (23,900)
Cash flows from investing activities:      
Purchases of property and equipment (645) (183)  
Net cash flows from investing activities (645) (183)  
Cash flows from financing activities:      
Payment of At-The-Market offering costs 0 (78)  
Proceeds from stock option exercises 148 21  
Payments for taxes related to net share settlement of equity awards (1,993) (1,305)  
Net cash flows from financing activities (1,845) (1,362)  
Net change in cash, cash equivalents and restricted cash (10,457) (7,717)  
Cash, cash equivalents and restricted cash, beginning of period 46,973 20,104 20,104
Cash, cash equivalents and restricted cash, end of period 36,516 12,387 46,973
Cash and cash equivalents 35,593 12,387 45,923
Restricted cash included in other current assets and other assets, non-current 923 0  
Total cash, cash equivalents and restricted cash 36,516 12,387 $ 46,973
Cash paid for:      
Income taxes 0 0  
Interest $ 525 $ 0