v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 18,281 $ 27,598
Short-term investments 23,334 31,836
Accounts receivable, net 2,706 5,272
Prepaid expenses and other current assets 3,297 3,432
Total current assets 47,618 68,138
Intangible assets, net 131,605 138,060
Goodwill 83,979 83,979
Property and equipment, net 14,064 15,492
Operating lease right-of-use assets 16,682 17,789
Restricted cash 560 560
Other long-term assets 1,166 1,540
Total assets 295,674 325,558
Current liabilities:    
Accounts payable 1,977 2,297
Accrued expenses and other current liabilities 4,711 6,141
Current contingent liabilities 1,123 531
Current deferred revenue 983 2,337
Current operating lease liabilities 3,844 3,782
Total current liabilities 12,638 15,088
Long-term contingent liabilities 586 953
Deferred income taxes, net 2,327 2,314
Long-term operating lease liabilities 17,939 19,382
Long-term deferred revenue 42 117
Other long-term liabilities 78 86
Total liabilities 33,610 37,940
Stockholders' equity:    
Preferred stock, $0.0001 par value; 100,000,000 shares authorized at June 30, 2025 and December 31, 2024; no shares issued and outstanding at June 30, 2025 and December 31, 2024 0 0
Common stock, $0.0001 par value; 1,000,000,000 shares authorized at June 30, 2025 and December 31, 2024; 122,701,294 and 121,599,488 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 12 12
Additional paid-in capital 397,529 388,979
Accumulated other comprehensive income (loss) (2) 27
Accumulated deficit (135,475) (101,400)
Total stockholders’ equity 262,064 287,618
Total liabilities and stockholders’ equity $ 295,674 $ 325,558