Balance Sheet Components

6 Months Ended

Jun. 30, 2025

Allowance for Credit Losses

The following table presents a reconciliation of the allowance for credit losses (in thousands):


	Six Months Ended June 30,	Year Ended December 31,
	2025	2024
Balance at beginning of period .........................................................	$814	$1,058
Additions ..............................................................................................	—	—
Write-offs ..............................................................................................	(171)	(244)
Balance at end of period ...................................................................	$643	$814

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets are comprised of the following (in thousands):


	Six Months Ended June 30,	Year Ended December 31,
	2025	2024
Prepaid expenses ...............................................................................	$5,304	$3,017
Contract costs, current .......................................................................	2,453	2,453
Other .....................................................................................................	788	662
Total prepaid expenses and other current assets ........................	$8,545	$6,132

Property and equipment, net

Property and equipment consisted of the following (in thousands):


	Six Months Ended June 30,	Year Ended December 31,
	2025	2024
Property and equipment at cost:
Computer equipment and software .................................................	$4,495	$4,489
Furniture, fixtures and equipment ....................................................	1,536	1,233
Capitalized internal-use software .....................................................	54,133	52,606
Leasehold improvements ..................................................................	2,138	2,057
Construction in progress ...................................................................	27	27
Total property and equipment ......................................................	62,329	60,412
Less: Accumulated depreciation and amortization ........................	(54,259)	(51,492)
Property and equipment, net ...........................................................	$8,070	$8,920

The Company capitalized certain internal-use software costs totaling $591,000 and $1.3 million, including

stock-based compensation of $5,000 and $121,000, related to internal-use software development efforts,

during the three months ended June 30, 2025 and 2024, respectively, and $1.5 million and $2.1 million,

including stock-based compensation of $11,000 and $198,000, during the six months ended June 30,

2025 and 2024, respectively. Amortization of capitalized internal-use software totaled $1.0 million and

$761,000 for the three months ended June 30, 2025 and 2024, respectively, and $2.0 million and $1.5

million for the six months ended June 30, 2025 and 2024, respectively.

Depreciation and amortization expense related to property and equipment, excluding capitalized internal-

use software, was $389,000 and $413,000 for three months ended June 30, 2025 and 2024, respectively,

and $759,000 and $885,000 for the six months ended June 30, 2025 and 2024, respectively.

Other Non-Current Assets

Other non-current assets are comprised of the following (in thousands):


	Six Months Ended June 30,	Year Ended December 31,
	2025	2024
Contract costs, net .............................................................................	$5,951	$3,701
Deferred offering costs ......................................................................	4,233	413
Other .....................................................................................................	298	252
Total other non-current assets .........................................................	$10,482	$4,366

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities are comprised of the following (in thousands):


	Six Months Ended June 30,	Year Ended December 31,
	2025	2024
Accrued payroll and related expenses ............................................	$16,620	$18,206
Customer contract and rebate liabilities ..........................................	420	1,041
Accrued royalty ...................................................................................	489	736
Accrued professional fees .................................................................	4,342	1,672
Accrued clinical trial expenses .........................................................	1,183	1,215
Other .....................................................................................................	2,610	2,449
Total accrued expenses and other current liabilities ....................	$25,664	$25,319