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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities:    
(Net loss) income $ (21,649) $ (16,224)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 153 179
Stock-based compensation 4,191 3,024
Change in fair value of warrant liability (1,800) (10,390)
Amortization of debt discount and issuance costs 832 825
Changes in operating assets and liabilities:    
Accounts receivable (1,069) 11,804
Prepaid expenses and other assets (746) 1,856
Inventory (3,356) 1,672
Accounts payable (2,153) 1,191
Accrued expenses and other liabilities (12,122) (16,953)
Cash used in operating activities (37,719) (23,016)
Investing activities:    
Purchases of property and equipment (51) (79)
Cash used in investing activities (51) (79)
Financing activities:    
Proceeds from sale of common stock and warrants 55,476 0
Proceeds from issuance of common stock under employee stock purchase plan 165 164
Cash paid for financing costs (198) (3)
Cash provided by financing activities 55,443 161
Net increase (decrease) in cash, cash equivalents and restricted cash 17,673 (22,934)
Cash and cash equivalents at beginning of period 73,684 94,244
Cash and cash equivalents at end of period 91,358 71,310
Supplemental disclosure of cash flow information:    
Cash paid for interest 13,745 8,656
Supplemental disclosure of noncash activities:    
Recognition of right-of-use assets and lease liabilities $ 1,402 $ 221