Balance Sheet Components

9 Months Ended

Sep. 30, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Balance Sheet Components

Balance Sheet Components

Allowance for Credit Losses

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

	Nine Months Ended September 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):

	September 30,	December 31,
	2025	2024
Prepaid expenses ...............................................................................	$5,372	$3,017
Contract costs, current .......................................................................	2,453	2,453
Other .....................................................................................................	936	662
Total prepaid expenses and other current assets ........................	$8,761	$6,132

Property and equipment, net

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

	September 30,	December 31,
	2025	2024
Property and equipment at cost:
Computer equipment and software .................................................	$4,503	$4,489
Furniture, fixtures and equipment ....................................................	1,578	1,233
Capitalized internal-use software .....................................................	55,104	52,606
Leasehold improvements ..................................................................	2,145	2,057
Construction in progress ...................................................................	215	27
Total property and equipment ......................................................	63,545	60,412
Less: Accumulated depreciation and amortization ........................	(55,561)	(51,492)
Property and equipment, net ...........................................................	$7,984	$8,920

The Company capitalized certain internal-use software costs totaling $971,000 and $1.3 million, including

stock-based compensation of $6,000 and $121,000, related to internal-use software development efforts,

during the three months ended September 30, 2025 and 2024, respectively, and $2.5 million and $2.1

million, including stock-based compensation of $17,000 and $198,000, during the nine months ended

September 30, 2025 and 2024, respectively. Amortization of capitalized internal-use software totaled

$951,000 and $761,000 for the three months ended September 30, 2025 and 2024, respectively, and

$3.0 million and $1.5 million for the nine months ended September 30, 2025 and 2024, respectively.

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

use software, was $352,000 and $413,000 for three months ended September 30, 2025 and 2024,

respectively, and $1.1 million and $885,000 for the nine months ended September 30, 2025 and 2024,

respectively.

Other Non-Current Assets

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

	September 30,	December 31,
	2025	2024
Contract costs, net .............................................................................	$6,681	$3,701
Deferred offering costs ......................................................................	—	413
Other .....................................................................................................	364	252
Total other non-current assets .........................................................	$7,045	$4,366

Accrued Expenses and Other Current Liabilities

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

	September 30,	December 31,
	2025	2024
Accrued payroll and related expenses ............................................	$23,057	$18,206
Customer contract and rebate liabilities ..........................................	520	1,041
Accrued royalty ...................................................................................	1,015	736
Accrued professional fees .................................................................	2,274	1,672
Accrued clinical trial expenses .........................................................	962	1,215
Other .....................................................................................................	2,540	2,449
Total accrued expenses and other current liabilities ....................	$30,368	$25,319