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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 13,000 $ 9,008
Restricted cash 0 8,250
Current marketable securities 0 1,018
Accounts receivable, net 11,622 9,710
Contract assets, net 13,871 13,362
Prepaid expenses and other current assets 4,831 4,728
Total current assets 43,324 46,076
Non-current assets:    
Property and equipment, net 1,272 1,525
Operating lease right-of-use assets, net 1,765 3,114
Intangible assets, net 23,784 26,027
Goodwill 30,070 30,070
Non-current portion of contract assets 13,717 14,272
Other assets 1,352 1,558
Total non-current assets 71,960 76,566
Total assets 115,284 122,642
Current liabilities:    
Accounts payable 2,588 3,483
Accrued expenses and other current liabilities 10,249 19,397
Accrued income taxes 990 2,486
Deferred revenue, current 8,056 10,751
Operating lease liabilities, current 979 1,121
Vendor financing obligation, current 2,305 1,165
Total current liabilities 25,167 38,403
Non-current liabilities:    
Deferred revenue, non-current 4,694 5,157
Operating lease liabilities, non-current 770 1,961
Vendor financing obligation, non-current 1,018 2,038
Other non-current liabilities 0 94
Total liabilities 31,649 47,653
Commitments and contingencies (Note 13)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, no shares issued and outstanding as of June 30, 2026 and December 31, 2025 0 0
Common stock, $0.0001 par value; 500,000,000 shares authorized; 33,682,164 and 30,948,403 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 3 3
Additional paid-in capital 164,641 146,136
Accumulated deficit (78,755) (69,218)
Accumulated other comprehensive loss (2,254) (1,932)
Total stockholders' equity 83,635 74,989
Total liabilities and stockholders' equity $ 115,284 $ 122,642