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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 8,501 $ 11,746
Marketable securities, short-term 11,777 8,156
Accounts receivable, net of allowance for credit losses of $2,133 and $2,239 at March 31, 2025, and December 31, 2024, respectively 10,373 7,976
Inventory 18,906 21,997
Prepaid expenses and other current assets 2,225 3,533
Total current assets 51,782 53,408
Property and equipment, net 2,530 2,812
Operating right-of-use assets 1,275 1,576
Intangible assets, net 1,854 1,922
Other assets 989 984
Goodwill 12,209 12,209
Total assets 70,639 72,911
Current liabilities:    
Accounts payable 7,968 8,077
Accrued expenses and other current liabilities 5,875 7,361
Short-term debt, net of unamortized debt discount and issuance costs [1] 42,746  
Deferred revenue, current portion 687 525
Warranty liability, current portion 611 496
Operating lease liabilities, current portion 438 649
Total current liabilities 58,325 17,108
Warranty liability, net of current portion 6,713 5,302
Deferred revenue, net of current portion 691 644
Long-term debt, net of unamortized debt discount and issuance costs 0 40,511
Operating lease liabilities, net of current portion 843 961
Other long-term liabilities 292  
Total liabilities 66,864 64,526
Commitments and Contingencies (Note 8)
Stockholders' equity    
Common stock, $0.0001 par value: 150,000,000 shares authorized; 61,914,519 and 60,800,130 shares issued and outstanding at March 31, 2025, and December 31, 2024, respectively 6 6
Additional paid-in capital 149,296 146,903
Accumulated deficit (145,527) (138,526)
Accumulated other comprehensive income   2
Total stockholders' equity 3,775 8,385
Total liabilities and stockholders' equity $ 70,639 $ 72,911
[1] On January 9, 2025, the Convertible Promissory Note was reclassified from non-current liabilities to current liabilities as the maturity date falls within the twelve months of the reporting date.