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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenue [1] $ 17,203 $ 22,580 $ 37,808 $ 42,105
Costs and expenses        
Cost of revenue 12,447 14,543 25,845 28,575
Research and development 12,381 12,957 25,021 25,728
Selling, general and administrative [2] 14,179 11,973 26,442 23,575
Total costs and expenses 39,007 39,473 77,308 77,878
Loss from operations (21,804) (16,893) (39,500) (35,773)
Interest income 1,878 1,136 3,905 2,495
Interest expense (48) (9) (76) (18)
Other income (expense), net (80) 2,968 (126) 7,537
Loss before income taxes (20,054) (12,798) (35,797) (25,759)
Provision for income taxes 2 4 9 11
Net loss $ (20,056) $ (12,802) $ (35,806) $ (25,770)
Net loss per share, basic $ (0.23) $ (0.24) $ (0.41) $ (0.5)
Net loss per share, diluted $ (0.23) $ (0.24) $ (0.41) $ (0.5)
Weighted-average shares outstanding, basic 88,517,498 52,394,678 87,990,691 51,536,632
Weighted-average shares outstanding, diluted 88,517,498 52,394,678 87,990,691 51,536,632
[1] Includes related party revenue of $1.9 million and $2.4 million for the three and six months ended June 30, 2025, respectively.
[2] Includes related party sales and marketing expenses of $0.9 million and $1.5 million for the three and six months ended June 30, 2025, respectively.