Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.25.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Revenues $ 225,208 $ 187,338 $ 159,012
Cost of goods sold 57,855 45,361 37,143
Gross profit 167,353 141,977 121,869
Costs and expenses:      
Sales and marketing 97,740 78,461 77,580
Research and development 32,885 27,767 27,339
General and administrative 44,577 39,036 38,412
Total costs and expenses 175,202 145,264 143,331
Loss from operations (7,849) (3,287) (21,462)
Other income (expense):      
Investment income 1,168 1,141 1,487
Interest expense (7,702) (8,206) (2,835)
Change in fair value of debt derivative liabilities (1,487) 587 1,531
Other income (expense), net 167 (199) (437)
Total other expense, net (7,854) (6,677) (254)
Net loss $ (15,703) $ (9,964) $ (21,716)
Weighted average common shares outstanding - basic (in shares) 46,050,266 44,257,754 42,878,543
Weighted average common shares outstanding - diluted (in shares) 46,050,266 44,257,754 42,878,543
Net loss per common share - basic (in USD per share) $ (0.34) $ (0.23) $ (0.51)
Net loss per common share - diluted (in USD per share) $ (0.34) $ (0.23) $ (0.51)