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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (15,741) $ (22,403)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 3,728 3,188
Depreciation and amortization 1,961 2,053
Non-cash operating lease expense 2,571 2,571
Other non-cash items 818 0
Changes in operating assets and liabilities:    
Accounts receivable (6,005) (473)
Inventories 2,240 (797)
Deferred costs 0 (380)
Prepaid expenses and other current assets (911) (185)
Other assets 20 (12)
Accounts payable (3,809) 2,061
Accrued and other current liabilities (758) (2,518)
Deferred revenue (798) (283)
Operating lease liabilities (1,707) (560)
Net cash used in operating activities (18,391) (17,738)
Cash flows from investing activities:    
Purchase of property, plant and equipment (1,629) (5,501)
Net cash used in investing activities (1,629) (5,501)
Cash flows from financing activities:    
Proceeds from issuance of common stock in connection with the At Market Issuance Sales Agreement, net 18,195 10,861
Proceeds from issuance of common stock upon exercise of stock warrants 0 14,384
Payment of equity financing costs 0 (216)
Proceeds from exercise of stock options 1,066 96
Net cash provided by financing activities 19,261 25,125
Net (decrease) increase in cash, cash equivalents and restricted cash equivalents (759) 1,886
Effect of exchange rate changes on cash, cash equivalents and restricted cash equivalents (7) 0
Cash, cash equivalents and restricted cash equivalents, beginning of period 56,411 45,817
Cash, cash equivalents and restricted cash equivalents, end of period 55,645 47,703
Reconciliation of cash, cash equivalents and restricted cash equivalents shown on the condensed consolidated balance sheets:    
Cash and cash equivalents 54,189 46,447
Restricted cash equivalents included in prepaid expenses and other current assets 200 0
Restricted cash equivalents included in other assets 1,256 1,256
Total cash, cash equivalents and restricted cash equivalents $ 55,645 $ 47,703

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