Quarterly report [Sections 13 or 15(d)]

Unaudited Interim Condensed Consolidated Balance Sheets

v3.25.2
Unaudited Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 58,754 $ 18,378
Restricted cash 1,564 1,269
Accounts receivable, net of allowance of $315 and $112 at June 30, 2025 and December 31, 2024, respectively 28,172 21,591
Short-term investments 54,666 108,757
Prepaid expenses and other current assets 13,324 10,747
Total current assets 156,480 160,742
Non-current assets:    
Property and equipment, net 33,697 30,918
Intangible assets, net 13,580 13,653
Goodwill 44,251 41,050
Operating right-of-use asset 8,453 8,876
Other non-current assets 1,458 1,436
Total assets 257,919 256,675
Current liabilities:    
Accounts payable and accrued expenses 13,679 12,766
Deferred revenue 9,112 6,656
Operating lease liability, current 3,521 3,304
Total current liabilities 26,312 22,726
Non-current liabilities:    
Warrant liability 2,979 5,808
Operating lease liability, long-term 5,318 6,018
Deferred tax liability 210 185
Total liabilities 34,819 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 June 30, 2025 and December 31, 2024, respectively 0 0
Common stock, $0.0001 par value; 400,000,000 authorized; 81,695,605 and 79,419,028 shares issued at June 30, 2025 and December 31, 2024, respectively 7 7
Additional paid in capital 411,259 407,076
Accumulated other comprehensive income 5,968 1,753
Accumulated deficit (194,134) (186,898)
Total stockholders' equity 223,100 221,938
Total Liabilities and Stockholders' Equity $ 257,919 $ 256,675