Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Balance Sheets

v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 30,968 $ 16,072
Restricted cash 264 263
Accounts receivable, net of allowance of $1,066 and $— at December 31, 2025 and December 31, 2024, respectively 39,958 19,822
Short-term investments 30,263 108,757
Prepaid expenses and other current assets 24,739 4,676
Current assets of discontinued operations 0 11,152
Total current assets 126,192 160,742
Non-current assets:    
Property and equipment, net 36,444 28,465
Intangible assets, net 47,502 7,964
Goodwill 88,210 15,540
Operating right-of-use asset 3,107 2,831
Other non-current assets 24,017 118
Non current assets of discontinued operations 0 41,015
Total assets 325,472 256,675
Current liabilities:    
Accounts payable and accrued expenses 19,142 9,220
Operating lease liability, current 652 682
Current liabilities of discontinued operations 0 12,824
Total current liabilities 19,794 22,726
Non-current liabilities:    
Warrant liability 1,530 5,808
Operating lease liability, long-term 2,655 2,336
Deferred tax liability 348 0
Other non-current liabilities 22,073 0
Non-current liabilities of discontinued operations 0 3,867
Total liabilities 46,400 34,737
Commitments and Contingencies (Note 14)
Stockholders' Equity    
Preferred stock, $0.0001 par value, 2,000,000 shares authorized; no shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively 0 0
Common stock, $0.0001 par value; 400,000,000 authorized; 86,702,183 and 79,419,028 shares issued at December 31, 2025 and December 31, 2024, respectively 7 7
Additional paid in capital 424,616 407,076
Accumulated other comprehensive income 0 1,753
Accumulated deficit (145,551) (186,898)
Total stockholders' equity 279,072 221,938
Total liabilities and stockholders' equity $ 325,472 $ 256,675