v3.25.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 58,290 $ 39,393
Marketable securities 37,352 84,993
Prepaid expenses and other current assets 3,371 2,783
Total current assets 99,013 127,169
Property and equipment, net 419 593
Right-of-use asset 2,561 3,635
Deposits and other assets 24,173 10,113
Total assets 126,166 141,510
Current liabilities:    
Accounts payable 512 897
Accrued expenses and other current liabilities 2,978 6,097
Operating lease liability 3,834 3,784
Total current liabilities 7,324 10,778
Long-term portion of operating lease liability 1,843 3,737
Other long-term liabilities 1,092 1,061
Total liabilities 10,259 15,576
Commitments and contingencies (Note 8)
Stockholders equity    
Preferred stock, $0.001 par value, 10,000,000 shares authorized at June 30, 2025 and December 31, 2024 ; no shares issued and outstanding at June 30, 2025 and December 31, 2024
Common stock, $0.001 par value, 150,000,000 shares authorized and 48,258,111 shares issued and outstanding as of June 30, 2025 and December 31, 2024 48 48
Additional paid-in capital 458,799 457,437
Accumulated other comprehensive income 65 68
Accumulated deficit (343,005) (331,619)
Total stockholders' equity 115,907 125,934
Total liabilities and stockholders' equity $ 126,166 $ 141,510