v3.26.1
Consolidated Statement of Operations and Comprehensive Loss - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Net revenues    
Total revenues $ 26,550 $ 54,220
Cost of revenues (excluding amortization of acquired intangible assets)    
Cost of revenues 20,074 14,989
Research and development 15,025 17,386
Selling, general and administrative 51,266 58,643
Change in fair value of contingent consideration liability (193)
Amortization of acquired intangible assets 1,493 1,753
Total operating expenses 87,858 92,578
Loss from operations (61,308) (38,358)
Other income (expense):    
Interest income 262 331
Interest expense (6,754) (6,264)
Change in fair value of warrant liabilities (3,318) 398
Change in fair value of derivative liability 65
Change in fair value of debt (1,809) (492)
Loss on debt extinguishment (6,356) (3,908)
Amortization of licensing obligation premium 1,911
Loss on issuance of convertible notes with warrants (2,335)
Impairment of preferred stock investment (2,890)
Compliance fees and other expense, net (9,181) (9,599)
Total other expense (30,405) (19,534)
Loss before income taxes (91,713) (57,892)
Income tax expense (benefit) 3
Net loss (91,716) (57,892)
Deemed dividend relating to inducement of Dragasac warrants (64)
Paid-in kind preferred stock dividend (20)
Net loss attributable to common shareholders $ (91,800) $ (57,892)
Net loss per share - basic $ (3.59) $ (2.64)
Net loss per share - diluted $ (3.59) $ (2.64)
Weighted average shares outstanding - basic 25,598,586 21,890,518
Weighted average shares outstanding - diluted 25,598,586 21,890,518
Net loss $ (91,716) $ (57,892)
Change in fair value of debt due to change in credit risk 5 (5)
Comprehensive loss (91,711) (57,897)
Product [Member]    
Net revenues    
Total revenues 13,175 35,336
Cost of revenues (excluding amortization of acquired intangible assets)    
Cost of revenues 12,853 4,924
Service [Member]    
Net revenues    
Total revenues 5,432 5,140
Cost of revenues (excluding amortization of acquired intangible assets)    
Cost of revenues 859 1,172
License Royalty and Other [Member]    
Net revenues    
Total revenues 7,943 13,744
Cost of revenues (excluding amortization of acquired intangible assets)    
Cost of revenues $ 6,362 $ 8,893