v3.25.1
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue $ 2,772 $ 682
Gross margin (1,017) (1,023)
Operating expenses:    
Research and development 1,219 898
Selling, general and administrative 7,664 1,784
Total operating expenses 8,883 2,682
Loss from operations (9,900) (3,705)
Non-operating income (expense), net:    
Interest income (expense), net 198 (860)
Change in fair value of warrants 0 (23)
Other income (expense), net 18 (24)
Total non-operating income (expense), net 216 (907)
Net loss and comprehensive loss (9,684) (4,612)
Net loss attributable to common stockholders $ (9,684) $ (4,895)
Net loss per share attributable to common stockholders, basic (in dollars per share) [1] $ (5.79) $ (2,881.11)
Net loss per share attributable to common stockholders, diluted (in dollars per share) [1] $ (5.79) $ (2,881.11)
Weighted Average Number of Shares Outstanding, Basic and Diluted    
Weighted average shares outstanding, basic (in shares) [1] 1,672,581 1,699
Weighted average shares outstanding, diluted (in shares) [1] 1,672,581 1,699
Nonrelated Party    
Cost of revenue $ 2,792 $ 1,705
Related Party    
Cost of revenue 997 0
Cumulative dividends on Series A preferred stock    
Non-operating income (expense), net:    
Cumulative dividends 0 (5)
Cumulative dividends on Series B preferred stock    
Non-operating income (expense), net:    
Cumulative dividends 0 (29)
Cumulative dividends on Series C preferred stock    
Non-operating income (expense), net:    
Cumulative dividends 0 (10)
Cumulative dividends on Series F preferred stock    
Non-operating income (expense), net:    
Cumulative dividends 0 (178)
Cumulative dividends on Series F-1 preferred stock    
Non-operating income (expense), net:    
Cumulative dividends 0 (26)
Cumulative dividends on Series F-2 preferred stock    
Non-operating income (expense), net:    
Cumulative dividends $ 0 $ (35)
[1] Amounts prior to December 31, 2024 have been retroactively adjusted to reflect the 1-for-150 reverse stock splits effected on June 25, 2024 and January 30, 2025. See Note 1 for details.

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