Quarterly report [Sections 13 or 15(d)]

Unaudited Interim Condensed Consolidated Balance Sheets

v3.25.3
Unaudited Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 22,753 $ 16,072
Restricted cash 263 263
Accounts receivable 37,538 19,822
Short-term investments 53,165 108,757
Prepaid expenses and other current assets 8,763 4,676
Current assets of discontinued operations 0 11,152
Total current assets 122,482 160,742
Non-current assets:    
Property and equipment, net 38,561 28,465
Intangible assets, net 49,754 7,964
Goodwill 84,607 15,540
Operating right-of-use asset 3,274 2,831
Contingent consideration 27,825 0
Other non-current assets 8,575 118
Non-current assets of discontinued operations 0 41,015
Total assets 335,078 256,675
Current liabilities:    
Accounts payable and accrued expenses 27,220 9,220
Operating lease liability, current 654 682
Current liabilities of discontinued operations 0 12,824
Total current liabilities 27,874 22,726
Non-current liabilities:    
Warrant liability 2,946 5,808
Operating lease liability, long-term 2,817 2,336
Deferred tax liability 181 0
Other non-current liabilities 18,260 0
Non-current liabilities of discontinued operations 0 3,867
Total liabilities 52,078 34,737
Commitments and Contingencies (Note 9)
Stockholders' Equity    
Preferred stock, $0.0001 par value, 2,000,000 shares authorized; no shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 0 0
Common stock, $0.0001 par value; 400,000,000 authorized; 86,050,917 and 79,419,028 shares issued at September 30, 2025 and December 31, 2024, respectively 7 7
Additional paid in capital 419,711 407,076
Accumulated other comprehensive income (loss) 0 1,753
Accumulated deficit (136,718) (186,898)
Total stockholders' equity 283,000 221,938
Total Liabilities and Stockholders' Equity $ 335,078 $ 256,675