Quarterly report [Sections 13 or 15(d)]

Segment Information (Tables)

v3.26.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Operations of the Company's Reportable Segment
The following table reflects results of operations of the Company’s reportable segment (in thousands):
For the Three Months Ended March 31,
2026 2025
Net revenue 3,416  629 
Cost of net revenue 3,305  560 
Salaries, benefits, and stock based compensation expense 9,468  3,558 
Other segment expenses 18,432  3,621 
Depreciation and amortization expense 3,161  2,321 
Interest (expense), net (1,121) (120)
Other (expense) income, net (21,060) (12)
Income tax expense —  — 
Net loss $ (53,131) $ (9,563)
Schedule of Net Revenue by Geographic Region Net revenue by geographic region for the three months ended March 31, 2026 and 2025 was as follows:
For the Three Months Ended March 31,
(in thousands) 2026 2025
Asia Pacific $ 424  $ 365 
North America 2,515  137 
Europe 477  127 
Total $ 3,416  $ 629