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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net loss $ (29,109) $ (11,200)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 1,709 1,313
Amortization of intangible assets 462 506
Impairment of intangible assets   3,729
Non-cash operating lease cost 276 269
Provision for expected credit losses (64) 14
Write-down of inventory   144
Loss on disposal of property and equipment 58  
Stock-based compensation expense 1,420 1,335
Change in fair value of warrant liabilities 17,382 3,428
Amortization on investments, net (98) (120)
Changes in operating assets and liabilities:    
Accounts receivable 1,193 (1,911)
Notes receivable 333 202
Prepaid and other current assets 625 514
Inventories (10,763) (5,755)
Accounts payable 5,319 103
Accrued liabilities (1,081) (1,326)
Deferred revenue 692 (25)
Operating lease liabilities (283) (277)
Other (7) (28)
Net cash used in operating activities (11,936) (9,085)
Cash flows from investing activities    
Purchase of property and equipment (83) (133)
Purchase of investments (11,878) (6,115)
Investment maturities 5,000 3,000
Net cash used in investing activities (6,961) (3,248)
Cash flows from financing activities    
Proceeds from acquisition-related deposit 10,000  
Proceeds from issuance of common stock through option exercises 34 10
Proceeds from issuance of common stock under employee stock purchase plan 175 170
Net settlement of stock-based compensation awards (425) (83)
Payment of accrued offering costs allocable to preferred stock   (98)
Net cash provided by (used in) financing activities 9,784 (1)
Net decrease in cash and cash equivalents (9,113) (12,334)
Cash and cash equivalents at beginning of the period 16,263 20,621
Cash and cash equivalents at end of the period 7,150 8,287
Supplemental cash flow information    
Cash paid for taxes   22
Supplemental schedule of non-cash investing and financing activities    
Transfer from Inventories to Equipment under lease, net $ 3,538 $ 3,367