v3.25.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Product sales $ 197 $ 1,251 $ 550 $ 2,578
Managed services 764 1,000
Technology enabled services 51 322 228 471
Total revenues 1,012 1,573 1,778 3,049
Cost of revenues 525 589 695 1,229
Gross profit 487 984 1,083 1,820
Operating expenses:        
Selling, general and administrative 3,181 3,475 7,266 7,695
Research and development 162 679 594 1,434
Total operating expenses 3,343 4,154 7,860 9,129
Loss from operations (2,856) (3,170) (6,777) (7,309)
Other income (expense):        
Interest income 2 55 3 133
Change in fair value of warranty liabilities (871) 2,738 3,158 6,917
Other (2) (8) (2) (9)
Total other income (expense), net (871) 2,785 3,159 7,041
Net loss (3,727) (385) (3,618) (268)
Less: Convertible preferred stock dividends (164) (511) (328) (700)
Net loss attributable to common stockholders $ (3,891) $ (896) $ (3,946) $ (968)
Net loss per basic common share $ (0.07) $ (0.02) $ (0.07) $ (0.02)
Net loss per diluted common share $ (0.07) $ (0.02) $ (0.07) $ (0.02)
Weighted average common shares used to compute net loss per basic common share 50,609,509 45,324,917 49,439,838 44,470,183
Weighted average common shares used to compute net loss per diluted common share 50,609,509 45,324,917 49,439,838 44,470,183
Comprehensive loss:        
Net loss $ (3,727) $ (385) $ (3,618) $ (268)
Comprehensive loss $ (3,727) $ (385) $ (3,618) $ (268)

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