Quarterly report [Sections 13 or 15(d)]

Unaudited Interim Condensed Consolidated Balance Sheets

v3.26.1
Unaudited Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 16,317 $ 30,968
Restricted cash 264 264
Accounts receivable, net of allowance of $1,058 and $1,066 at June 30, 2026 and December 31, 2025, respectively 43,407 39,958
Short-term investments 6,436 30,263
Prepaid expenses and other current assets 54,586 24,739
Total current assets 121,010 126,192
Non-current assets:    
Property and equipment, net 40,704 36,444
Intangible assets, net 60,008 47,502
Goodwill 106,946 88,210
Operating right-of-use asset 3,940 3,107
Other non-current assets 90 24,017
Total assets 332,698 325,472
Current liabilities:    
Accounts payable and accrued expenses 18,381 19,142
Operating lease liability, current 1,054 652
Other current liabilities 26,344 0
Total current liabilities 45,779 19,794
Non-current liabilities:    
Warrant liability 0 1,530
Operating lease liability, non-current 3,201 2,655
Deferred tax liability 271 348
Other non-current liabilities 4,129 22,073
Total liabilities 53,380 46,400
Commitments and Contingencies (Note 14)
Stockholders' Equity    
Preferred stock, $0.0001 par value, 2,000,000 shares authorized; no shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 0 0
Common stock, $0.0001 par value; 400,000,000 authorized; 88,466,806 and 86,702,183 shares issued at June 30, 2026 and December 31, 2025, respectively 7 7
Additional paid in capital 433,224 424,616
Accumulated other comprehensive income 0 0
Accumulated deficit (153,913) (145,551)
Total stockholders' equity 279,318 279,072
Total liabilities and stockholders' equity $ 332,698 $ 325,472