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

Entity Level Information (Tables)

v3.25.1
Entity Level Information (Tables)
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Revenue Significant Expenses and Other Segment Items

The following table details the revenues, significant expenses and other segment items regularly provided to and reviewed by the CODM for the years ended December, 31:

 

    2024     2023  
Revenues   $ 58,298     $ 93,632  
Less:                
Cost of sales     38,364       69,121  
Amortization of contract fulfillment assets     3,486       2,159  
Other cost of sales     6,528       3,028  
Research and development     14,235       1,772  
Sales and marketing     12,962       8,768  
General and administrative, excluding legal fees     10,916       7,271  
Legal fees     1,468       1,000  
Impairment of contract fulfillment assets     3,464       —  
Restructuring charges     514       —  
Interest expense, net     29       15  
Other (income) expense, net     (246 )     214  
Income tax expense     226       374  
Consolidated segment net loss   $ (33,648 )   $ (90 )
Reconciliation of profit or loss                
Adjustments and reconciling items     —       —  
Consolidated net loss   $ (33,648 )   $ (90 )
Schedule of Revenue by Region

The following table summarizes total net revenues by region based on ship-to destinations:

 

    2024     2023  
    For the Years Ended  
    December 31,  
    2024     2023  
United States   $ 39,726     $ 33,180  
Canada     9,101       10,572  
Europe and Middle East     642       4,299  
Asia Pacific     8,829       45,581  
Total net revenues   $ 58,298     $ 93,632  
Schedule of Composition of Revenue

The following table summarizes the composition of total net revenues:

 

    2024     2023  
    For the Years Ended  
    December 31,  
    2024     2023  
Product Sales   $ 58,290     $ 93,628  
Services     8       4  
Total net revenues   $ 58,298     $ 93,632