Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

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
Revenue        
Total Revenue $ 13,572 $ 10,344 $ 22,892 $ 20,130
Cost of revenue        
Total cost of revenue 15,160 13,241 23,783 25,842
Gross loss (1,588) (2,897) (891) (5,712)
Operating expenses        
Research and development 2,845 4,545 5,120 9,588
Selling and marketing 1,619 4,273 2,831 9,082
General and administrative 6,037 8,805 15,168 17,588
Total operating expenses 10,501 17,623 23,119 36,258
Loss from operations (12,089) (20,520) (24,010) (41,970)
Interest expense (1,572) (5,463) (2,642) (9,360)
Gain (loss) on fair value of warrants 25,310 (1,044) 22,690
Gain on fair value of contingent earnout liabilities 1,824 1,387
Loss on warrant cancellation (11,357)
Other expense, net (6) (1,327) (17) (1,233)
Loss before income taxes (13,667) (176) (39,070) (28,486)
(Provision) benefit for income taxes (89) 4 (97)
Net loss $ (13,756) $ (172) $ (39,167) $ (28,486)
Net loss per share:        
Basic $ (0.98) $ (0.30) $ (2.85) $ (53.31)
Diluted $ (0.98) $ (0.30) $ (2.85) $ (53.31)
Shares used in computing net loss per share:        
Basic 14,041,712 565,026 13,721,680 534,381
Diluted 14,041,712 565,026 13,721,680 534,381
Net unrealized holding gain on available-for-sale investments $ 42 $ 94
Total comprehensive loss (13,756) (130) (39,167) (28,392)
3D Printers [Member]        
Revenue        
Total Revenue 12,082 8,679 19,605 16,339
Cost of revenue        
Total cost of revenue 13,994 10,744 21,534 20,138
Recurring Payment [Member]        
Revenue        
Total Revenue 70 292 70 762
Cost of revenue        
Total cost of revenue 232 12 547
Support Services [Member]        
Revenue        
Total Revenue 1,359 1,373 3,149 3,029
Cost of revenue        
Total cost of revenue 1,166 2,265 2,237 5,157
Other [Member]        
Revenue        
Total Revenue $ 61 $ 68