v3.26.1
Revenue
6 Months Ended
Jun. 30, 2026
Revenue  
Revenue

Note 4 — Revenue

The following tables summarize the Company’s revenue, net disaggregated by type of product and service:

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Three Months Ended June 30, 

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Six Months Ended June 30, 

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2026

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2025

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2026

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2025

Hardware

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$

930

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$

874

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$

1,843

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$

1,627

Software

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739

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400

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1,414

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651

Services

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26

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145

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52

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311

Total revenue, net

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$

1,695

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$

1,419

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$

3,309

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$

2,589

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The Company’s sales policy is not to accept returns of hardware once sold. As a result, there was no sales return reserve as of June 30, 2026 and December 31, 2025.

Contract Liabilities

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Contract liabilities consist of sales of software subscriptions, where in most cases, the Company receives up-front payment and recognizes revenue over the term of 12-48 months. The Company classifies these contract liabilities as either current or non-current liabilities based on the expected timing of recognition of related revenue. Current contract liabilities were $2,950 and $1,255 and non-current contract liabilities were $768 and $751 as of June 30, 2026 and December 31, 2025, respectively.