Quarterly report [Sections 13 or 15(d)]

Unaudited Interim Condensed Consolidated Balance Sheets

v3.26.3
Unaudited Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 35,136 $ 30,968
Restricted cash 265 264
Accounts receivable, net of allowance of $195 and $1,066 at September 30, 2026 and December 31, 2025, respectively 42,772 39,958
Short-term investments 6,505 30,263
Prepaid expenses and other current assets 40,461 24,739
Total current assets 125,139 126,192
Non-current assets:    
Property and equipment, net 39,622 36,444
Intangible assets, net 58,830 47,502
Goodwill 101,918 88,210
Operating right-of-use asset 3,287 3,107
Other non-current assets 88 24,017
Total assets 328,884 325,472
Current liabilities:    
Accounts payable and accrued expenses 14,358 19,142
Operating lease liability, current 858 652
Other current liabilities 29,902 0
Total current liabilities 45,118 19,794
Non-current liabilities:    
Warrant liability 0 1,530
Operating lease liability, non-current 2,765 2,655
Deferred tax liability 271 348
Other non-current liabilities 4,355 22,073
Total liabilities 52,509 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 September 30, 2026 and December 31, 2025, respectively 0 0
Common stock, $0.0001 par value; 400,000,000 shares authorized; 89,317,857 and 86,702,183 shares issued at September 30, 2026 and December 31, 2025, respectively 7 7
Additional paid-in capital 437,896 424,616
Accumulated other comprehensive income 0 0
Accumulated deficit (161,528) (145,551)
Total stockholders' equity 276,375 279,072
Total liabilities and stockholders' equity $ 328,884 $ 325,472