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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 42,454 $ 30,432
Short-term investments 189,019 73,143
Accounts receivable, net 9,060 11,996
Inventories, net 15,730 13,320
Prepaid expenses and other current assets 5,652 4,032
Total current assets 261,915 132,923
Property and equipment, net 5,515 4,776
Operating lease right-of-use asset 6,344 6,645
Restricted cash 100 100
Deferred offering costs   5,051
Long-term investments 64,004  
Other long-term assets 146 150
Total assets 338,024 149,645
Current liabilities:    
Accounts payable 3,454 2,852
Accrued expenses and other current liabilities 10,565 15,828
Operating lease liabilities 1,524 1,529
Deferred revenue 949 939
Total current liabilities 16,492 21,148
Operating lease liabilities, net of current portion 5,450 5,726
Deferred revenue, net of current portion 2,330 1,860
Warrant liabilities   44,898
Total liabilities 24,272 73,632
Commitments and contingencies (Note 17)
Convertible preferred stock (Series A, A-2, B, B-2, C, D and E), par value of $0.0001 per share; no and 34,966,547 shares authorized at March 31, 2025 and December 31, 2024, respectively; no and 17,228,954 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively; liquidation preference of no and $355,162 at March 31, 2025 and December 31, 2024, respectively   321,373
Stockholders' deficit:    
Common stock 4
Preferred stock
Additional paid-in capital 638,901 51,311
Accumulated other comprehensive income 240 65
Accumulated deficit (325,393) (296,737)
Total stockholders' equity (deficit) 313,752 (245,360)
Total liabilities, convertible preferred stock and stockholders' equity (deficit) 338,024 149,645
Class A Common Stock    
Stockholders' deficit:    
Common stock 1
Class B Common Stock    
Stockholders' deficit:    
Common stock
Class C Common Stock    
Stockholders' deficit:    
Common stock