v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue    
Total revenue $ 29,000 $ 32,512
Cost of revenue    
Total cost of revenue 18,141 21,974
Gross profit 10,859 10,538
Operating expenses:    
Sales and marketing 6,517 6,792
Research and development 6,575 11,328
General and administrative 8,666 13,566
Impairment of assets held for sale 3,315 0
Total operating expenses 25,073 31,686
Loss from operations (14,214) (21,148)
Other expense, net:    
Interest expense (7,359) (4,290)
Change in fair value of warrant liability 2,411 0
Other income, net 349 496
Total other expense, net (4,599) (3,794)
Loss before provision for income taxes (18,813) (24,942)
Provision for income taxes (112) (58)
Net loss $ (18,925) $ (25,000)
Net loss per share attributable to common stockholders, basic (in dollars per share) $ (2.22) $ (3.05)
Net loss per share attributable to common stockholders, diluted (in dollars per share) $ (2.22) $ (3.05)
Weighted-average shares used in computing net loss per share to common stockholders, basic (in shares) 8,517,041 8,194,490
Weighted-average shares used in computing net loss per share to common stockholders, diluted (in shares) 8,517,041 8,194,490
Services and other revenue    
Revenue    
Total revenue $ 18,674 $ 17,721
Cost of revenue    
Total cost of revenue 11,944 11,413
Hardware revenue    
Revenue    
Total revenue 10,326 14,791
Cost of revenue    
Total cost of revenue $ 6,197 $ 10,561

Source

10-Q XBRL Zip