v3.25.3
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Total Revenue $ 13,640 $ 8,247 $ 36,532 $ 28,377
Total cost of revenue 13,207 4,176 36,990 30,018
Gross profit (loss) 433 4,071 (458) (1,641)
Operating expenses        
Research and development 3,042 4,438 8,162 14,026
Selling and marketing 1,984 3,099 4,815 12,181
General and administrative 6,037 15,410 21,205 32,998
Total operating expenses 11,063 22,947 34,182 59,205
Loss from operations (10,630) (18,876) (34,640) (60,846)
Interest expense (1,198) (3,560) (3,840) (12,920)
Gain (loss) on fair value of warrants 0 9,221 (1,044) 31,911
Gain on fair value of contingent earnout liabilities 0 58 0 1,445
Loss on warrant cancellation 0 0 (11,357) 0
Loss on debt extinguishment 0 (7,525) 0 (7,525)
Other expense, net (11) (2,443) (28) (3,676)
Loss before income taxes (11,839) (23,125) (50,909) (51,611)
(Provision) benefit for income taxes 14 0 (83) 0
Net loss $ (11,825) $ (23,125) $ (50,992) $ (51,611)
Net loss per share basic $ (0.69) $ (37.54) $ (3.43) $ (91.82)
Net loss per share Diluted $ (0.69) $ (37.54) $ (3.43) $ (91.82)
Shares used in computing net loss per share basic 17,124,361 616,030 14,868,372 562,087
Shares used in computing net loss per share diluted 17,124,361 616,030 14,868,372 562,087
Net Income (Loss) $ (11,825) $ (23,125) $ (50,992) $ (51,611)
Net unrealized holding gain on available-for-sale investments 0 2 0 96
Total comprehensive loss (11,825) (23,123) (50,992) (51,515)
3D Printer and parts        
Total Revenue 11,993 1,049 31,598 17,388
Total cost of revenue 11,855 2,224 33,389 22,362
Recurring payment        
Total Revenue 0 192 70 954
Total cost of revenue 0 195 12 742
Support services        
Total Revenue 1,351 2,006 4,500 5,035
Total cost of revenue 1,352 1,757 3,589 6,914
Other        
Total Revenue $ 296 $ 5,000 $ 364 $ 5,000

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