v3.26.1
Segments, Geographical Information, Concentrations and Significant Customers - (Tables)
6 Months Ended
Jun. 30, 2026
Segments, Geographical Information, Concentrations and Significant Customers  
Schedule of segment information of revenue, expenses and net income The following table sets forth our segment information of revenue, significant segment expenses and net income (loss) (in thousands):

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​

​

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​

​

  ​ ​ ​

Three Months Ended June 30,

​

Six Months Ended June 30,

​

​

2026

  ​ ​ ​

2025

​

2026

  ​ ​ ​

2025

Revenue

​

$

5,138

​

$

1,801

​

$

9,538

​

$

3,273

Less:

​

​

​

​

​

​

​

​

​

​

​

​

Salaries and employee related costs

​

​

10,507

​

​

7,930

​

​

21,077

​

​

16,862

Stock-based compensation

​

​

7,020

​

​

3,554

​

​

12,910

​

​

7,728

Rent and facilities

​

​

2,506

​

​

1,495

​

​

4,621

​

​

2,834

Professional services and legal fees

​

​

3,381

​

​

2,339

​

​

5,634

​

​

5,252

Technology & IT costs

​

​

1,370

​

​

1,225

​

​

2,744

​

​

2,548

Direct and indirect materials

​

​

947

​

​

570

​

​

2,485

​

​

1,263

Depreciation and amortization expense

​

​

2,869

​

​

1,894

​

​

5,484

​

​

3,723

Other segment items(1)

​

​

29,144

​

​

22,448

​

​

(25,920)

​

​

(39,902)

Segment net income (loss)

​

$

(52,606)

​

$

(39,654)

​

$

(19,497)

​

$

2,965

(1)Other segment items include interest income, changes in fair value of derivative warrant liabilities and earnout liabilities and other operational expenses which are reflected in the condensed consolidated statements of operations.
Schedule of summary of revenue by geography

The following table presents a summary of revenue by geography (in thousands):

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​

​

​

​

​

​

Three Months Ended June 30,

​

Six Months Ended June 30,

​

  ​ ​ ​

2026

  ​ ​ ​

2025

​

2026

  ​ ​ ​

2025

United States

​

$

4,133

​

$

967

​

$

4,911

​

$

1,352

Europe

​

​

175

 

​

771

​

​

767

​

​

1,784

Asia and other

​

​

830

​

​

63

​

​

3,860

​

​

137

Total revenue

​

$

5,138

 

$

1,801

​

$

9,538

​

$

3,273

Revenue  
Segments, Geographical Information, Concentrations and Significant Customers  
Schedule of concentration of significant customers based on revenue and accounts receivable

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​

​

​

​

​

​

​

​

Three Months Ended June 30,

​

Six Months Ended June 30,

​

  ​ ​ ​

2026

​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Customer A

 

64%

​

*

​

34%

​

*

Customer B

​

*

​

*

​

25%

​

*

Customer C

 

16%

​

*

​

*

​

*

Customer D

 

*

​

20%

​

*

​

17%

Customer E

 

*

​

27%

​

*

​

15%

Customer F

​

*

​

39%

​

*

​

53%

* Customer accounted for less than 10% of revenue in the respective periods.

Accounts receivable  
Segments, Geographical Information, Concentrations and Significant Customers  
Schedule of concentration of significant customers based on revenue and accounts receivable

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​

​

​

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​

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Customer A

 

*

​

20%

Customer B

 

21%

​

*

Customer C

 

43%

​

*

Customer D

​

21%

​

50%

Customer E

​

*

​

24%

* Customer accounted for less than 10% of accounts receivable at the respective point in time.