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Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 195,152 $ 191,477
Accounts receivable 34,646 24,709
Inventories 17,389 8,733
Prepaid expenses and other current assets 4,529 2,898
Total current assets 251,716 227,817
Property and equipment, net 18,667 17,111
Operating lease right-of-use assets, net 48,024 51,739
Other non-current assets 9,114 5,392
Total assets 327,521 302,059
Current liabilities:    
Accounts payable 7,806 4,304
Accrued expenses and other current liabilities 8,041 3,882
Accrued commissions 2,922 2,756
Accrued compensation and employee benefits 13,687 8,419
Deferred revenue, current 2,683 2,806
Operating lease liabilities, current 4,902 4,393
Financing lease liabilities, current 744 1,826
Total current liabilities 40,785 28,386
Operating lease liabilities, non-current 47,046 50,802
Financing lease liabilities, non-current 460 874
Long-term debt 54,986 51,481
Other non-current liabilities 4,348 2,763
Total liabilities 147,625 134,306
Commitments and contingencies (Note 7)
Redeemable convertible preferred stock, $0.00001 par value; 29,544,989 shares authorized as of September 30, 2025 and December 31, 2024; 29,084,235 shares issued and outstanding as of September 30, 2025 and December 31, 2024; aggregate liquidation preference of $422,458 as of September 30, 2025 and December 31, 2024 419,409 419,409
Stockholders’ deficit:    
Common stock, $0.00001 par value, 51,100,000 shares authorized as of September 30, 2025 and December 31, 2024; 11,178,467 and 10,925,950 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 0 0
Additional paid-in capital 41,211 30,545
Accumulated deficit (280,724) (282,201)
Total stockholders’ deficit (239,513) (251,656)
Total liabilities, redeemable convertible preferred stock, and stockholders’ deficit $ 327,521 $ 302,059