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Condensed Consolidated Statements of Convertible Preferred Stock and Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Total
Convertible Preferred Stock
Preferred Stock
Convertible Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive (loss) Income
Balance, before retroactive conversion $ (55,692)   $ 87,140 $ 2 $ 6,521 $ (62,215) $ 0
Retroactive application       $ (1) 1    
Retroactive application, shares [1]     (152,677,720) (17,972,432)      
Balance, before retroactive conversion, shares [1]     199,145,285 23,442,353      
Beginning balance at Dec. 31, 2022 (55,692)   $ 87,140 $ 1 6,522 (62,215) 0
Beginning balance, shares at Dec. 31, 2022 [1]     46,467,565 5,469,921      
Issuance of common stock upon exercise of stock options 92       92    
Issuance of common stock upon exercise of stock options, shares [1]       140,545      
Stock-based compensation expense 366       366    
Issuance of common stock in connection with the acquisition of fSight, shares [1]       1,306,385      
Issuance of common stock in connection with the acquisition of fSight 10,077       10,077    
Unrealized gain (loss) resulting from change in fair value of marketable securities 14           14
Net income (loss) 6,910         6,910  
Ending balance, shares at Mar. 31, 2023 [1]     46,467,565 6,916,851      
Ending balance at Mar. 31, 2023 (38,233)   $ 87,140 $ 1 17,057 (55,305) 14
Beginning balance at Dec. 31, 2022 (55,692)   $ 87,140 $ 1 6,522 (62,215) 0
Beginning balance, shares at Dec. 31, 2022 [1]     46,467,565 5,469,921      
Net income (loss) (15,266)            
Ending balance, shares at Jun. 30, 2023 [1]     0 58,144,543      
Ending balance at Jun. 30, 2023 30,434   $ 0 $ 6 120,671 (90,062) (181)
Beginning balance at Mar. 31, 2023 (38,233)   $ 87,140 $ 1 17,057 (55,305) 14
Beginning balance, shares at Mar. 31, 2023 [1]     46,467,565 6,916,851      
Issuance of common stock upon exercise of stock options 14       14    
Issuance of common stock upon exercise of stock options, shares [1]       10,784      
Forfeitures of restricted stock and restricted stock surrendered in lieu of withholding taxes (91)       (91)    
Forfeitures of restricted stock and restricted stock surrendered in lieu of withholding taxes, shares [1]       (11,832)      
Stock-based compensation expense 497       497    
Unrealized gain (loss) resulting from change in fair value of marketable securities (195)           (195)
Convertible preferred stock dividends, shares [1]     1,258,055        
Convertible preferred stock dividends         12,581 (12,581)  
Issuance of preferred stock upon exercise of preferred warrants 2,008       2,008    
Issuance of preferred stock upon exercise of preferred warrants, shares [1]   193,372          
Conversion of convertible preferred stock into common stock in connection with the Business Combination 87,140 $ (87,140)   $ 5 87,135    
Conversion of convertible preferred stock into common stock in connection with the Business Combination, shares [1]   (47,918,992)   47,918,992      
Issuance of common stock upon exercise of common warrants, shares [1]       1,491,229      
Purchase price adjustment in connection with the fSight acquisition 897       897    
Issuance of common stock upon Business Combination, shares       1,818,519      
Issuance of common stock upon Business Combination, value 573       573    
Net income (loss) (22,176)         (22,176)  
Ending balance, shares at Jun. 30, 2023 [1]     0 58,144,543      
Ending balance at Jun. 30, 2023 30,434   $ 0 $ 6 120,671 (90,062) (181)
Beginning balance at Dec. 31, 2023 62,824     $ 6 138,657 (75,780) (59)
Beginning balance, shares at Dec. 31, 2023       58,751,666      
Issuance of common stock upon exercise of stock options 250       250    
Issuance of common stock upon exercise of stock options, shares       755,016      
Stock-based compensation expense 2,505       2,505    
Issuance of common stock in connection with the acquisition of fSight, shares       166,271      
Issuance of common stock in connection with the acquisition of fSight 239       239    
Issuance of common stock in connection with employee incentive stock awards, shares       685,213      
Unrealized gain (loss) resulting from change in fair value of marketable securities 12           12
Net income (loss) (11,506)         (11,506)  
Ending balance, shares at Mar. 31, 2024       60,358,166      
Ending balance at Mar. 31, 2024 54,324     $ 6 141,651 (87,286) (47)
Beginning balance at Dec. 31, 2023 $ 62,824     $ 6 138,657 (75,780) (59)
Beginning balance, shares at Dec. 31, 2023       58,751,666      
Issuance of common stock upon exercise of stock options, shares 768,837            
Net income (loss) $ (22,827)            
Ending balance, shares at Jun. 30, 2024       60,371,987      
Ending balance at Jun. 30, 2024 44,740     $ 6 143,364 (98,607) (23)
Beginning balance at Mar. 31, 2024 54,324     $ 6 141,651 (87,286) (47)
Beginning balance, shares at Mar. 31, 2024       60,358,166      
Issuance of common stock upon exercise of stock options 10       10    
Issuance of common stock upon exercise of stock options, shares       13,821      
Stock-based compensation expense 1,703       1,703    
Unrealized gain (loss) resulting from change in fair value of marketable securities 24           24
Net income (loss) (11,321)         (11,321)  
Ending balance, shares at Jun. 30, 2024       60,371,987      
Ending balance at Jun. 30, 2024 $ 44,740     $ 6 $ 143,364 $ (98,607) $ (23)
[1] The shares of the Company’s common and redeemable convertible preferred stock prior to the Business Combination (as defined in Note 1) have been retroactively restated to reflect the exchange ratio of approximately 0.233335 established in the Business Combination as described in Note 3.