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
Revenues [Abstract]    
Revenue, net $ 173,716 $ 203,425
Cost of goods sold 80,443 94,077
Gross profit 93,273 109,348
Operating expenses:    
Advertising 9,710 10,265
Product development 7,484 18,456
Selling, general and administrative 87,396 103,174
Operating loss (11,317) (22,547)
Non-operating expenses:    
Interest expense 1,225 12,777
Loss on extinguishment of debt 0 5,004
Changes in fair value of derivative liabilities (404) (9,888)
Other income, net (455) (3,057)
Total non-operating expenses, net 366 4,836
Loss before provision for income taxes (11,683) (27,383)
Provision for income taxes 33 40
Net loss (11,716) (27,423)
Less: Accumulated dividends on redeemable convertible preferred stock (1,500) (849)
Net loss per share attributable to common stockholders, basic (13,216) (28,272)
Net loss per share attributable to common stockholders, diluted $ (13,216) $ (28,272)
Net loss per share attributable to common stockholders, basic (in dollars per share) $ (0.34) $ (0.76)
Net loss per share attributable to common stockholders, diluted (in dollars per share) $ (0.34) $ (0.76)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares) 39,048,320 37,040,375
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares) 39,048,320 37,040,375