Quarterly report [Sections 13 or 15(d)]

Unaudited Interim Condensed Consolidated Balance Sheets

v3.25.1
Unaudited Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 34,830 $ 18,378
Restricted cash 858 1,269
Accounts receivable, net of allowance of $96 and $112 at March 31, 2025 and December 31, 2024, respectively 22,128 21,591
Short-term investments 85,176 108,757
Prepaid expenses and other current assets 9,320 10,747
Total current assets 152,312 160,742
Non-current assets:    
Property and equipment, net 32,568 30,918
Intangible assets, net 13,528 13,653
Goodwill 42,038 41,050
Operating right-of-use asset 8,650 8,876
Other non-current assets 1,454 1,436
Total assets 250,550 256,675
Current liabilities:    
Accounts payable and accrued expenses 10,505 12,766
Deferred revenue 8,014 6,656
Operating lease liability, current 3,362 3,304
Total current liabilities 21,881 22,726
Non-current liabilities:    
Warrant liability 3,056 5,808
Operating lease liability, long-term 5,706 6,018
Deferred tax liability 175 185
Total liabilities 30,818 34,737
Commitments and Contingencies (Note 7)
Stockholders' Equity    
Preferred stock, $0.0001 par value, 2,000,000 shares authorized; no shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 0 0
Common stock, $0.0001 par value; 400,000,000 authorized; 80,973,634 and 79,419,028 shares issued at March 31, 2025 and December 31, 2024, respectively 7 7
Additional paid in capital 407,047 407,076
Accumulated other comprehensive income 3,069 1,753
Accumulated deficit (190,391) (186,898)
Total stockholders' equity 219,732 221,938
Total Liabilities and Stockholders' Equity $ 250,550 $ 256,675