Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations

v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Total revenue $ 10,880 $ 9,215 $ 23,008 $ 17,700
Cost of revenue 4,170 3,659 8,542 7,012
Gross profit 6,710 5,556 14,466 10,688
Research and development costs 4,632 3,829 9,154 7,208
Sales and marketing expenses 6,768 4,019 13,483 7,853
General and administrative expenses 5,554 3,388 10,551 7,470
Operating loss (10,244) (5,680) (18,722) (11,843)
Other income (expense):        
Other expense, net (7) (52) (42) (48)
Interest income 289 285 640 436
Interest expense (1,413) (365) (2,795) (365)
Net loss before income taxes (11,375) (5,812) (20,919) (11,820)
Income tax (benefit) expense (38) 25 (30) 43
Net loss $ (11,337) $ (5,837) $ (20,889) $ (11,863)
Net loss per share attributable to common stockholders:        
Basic (in dollars per share) $ (0.38) $ (0.21) $ (0.7) $ (0.42)
Diluted (in dollars per share) $ (0.38) $ (0.21) $ (0.7) $ (0.42)
Weighted average shares outstanding:        
Basic (in shares) 30,166,640 28,258,305 29,858,476 27,990,102
Diluted (in shares) 30,166,640 28,258,305 29,858,476 27,990,102
Product revenue        
Revenue:        
Total revenue $ 7,376 $ 5,997 $ 16,178 $ 11,288
Service and other revenue        
Revenue:        
Total revenue $ 3,504 $ 3,218 $ 6,830 $ 6,412