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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenue, net $ 249,365 $ 217,646 $ 222,818
Cost of goods sold 187,565 158,725 189,191
Gross profit 61,800 58,921 33,627
Operating expenses      
Research and development 54,955 35,975 36,244
Sales and marketing 18,154 11,069 9,723
General and administrative 59,599 53,226 46,658
Total operating expenses 132,708 100,270 92,625
Loss from operations (70,908) (41,349) (58,998)
Other income (expense)      
Interest income 874 609 126
Interest expense (6,826) (9,428) (6,319)
Other income (expense), net (109,871) (5,871) (1,205)
Total other income (expense), net (115,823) (14,690) (7,398)
Loss before income taxes (186,731) (56,039) (66,396)
Income tax expense (2) (9) (1)
Net loss $ (186,733) $ (56,048) $ (66,397)
Net loss per share      
Basic (in dollars per share) $ (4.5) $ (1.75) $ (2.38)
Diluted (in dollars per share) $ (4.5) $ (1.75) $ (2.38)
Weighted average shares used to compute net loss per share:      
Basic (in shares) 41,538,551 31,944,259 27,846,387
Diluted (in shares) 41,538,551 31,944,259 27,846,387