v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenue $ 155 $ 1,900 $ 744 $ 2,856
Cost of revenue 716 1,554 1,266 2,831
Gross (loss) profit (561) 346 (522) 25
Research and development expense 7,658 14,204 15,061 31,515
Sales, marketing, general and administrative expense 6,437 7,746 13,113 16,824
Impairment loss on intangible assets 3,027 3,027
Total operating expenses 14,095 24,977 28,174 51,366
Loss from operations (14,656) (24,631) (28,696) (51,341)
Interest expense (2,170) (13) (15,073) (32)
Unrealized gain on derivative liability 1,952 2,794
Unrealized gain on warrant liability 803 2,564
Realized loss on debt extinguishment (4,654)
Other (expense) income (65) 798 223 1,448
Net loss before taxes (14,136) (23,846) (42,842) (49,925)
Income tax expense (93) (84) (166) (318)
Net loss $ (14,229) $ (23,930) $ (43,008) $ (50,243)
Net loss per share - basic $ (0.06) $ (0.11) $ (0.18) $ (0.25)
Net loss per share - diluted $ (0.06) $ (0.11) $ (0.18) $ (0.25)
Weighted-average shares outstanding - basic 254,658 208,665 245,347 202,706
Weighted-average shares outstanding - diluted 254,658 208,665 245,347 202,706

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