v3.25.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 22,856 $ 43,483
Marketable securities 78,093 83,239
Prepaid expenses and other current assets 5,246 6,029
Total current assets 106,195 132,751
Property and equipment, net 131 353
Operating lease, right-of-use ("ROU") asset 9,804 6,731
Restricted cash 568 568
Total assets 116,698 140,403
Current liabilities:    
Accounts payable 2,595 2,249
Accrued expenses 10,992 6,287
Operating lease obligations, current portion 271 338
Total current liabilities 13,858 8,874
Operating lease obligations, long-term portion 9,633 6,296
Total liabilities 23,491 15,170
Commitments and Contingencies  
Stockholders' equity:    
Common stock, $0.0001 par value: 300,000 shares authorized; 138,282 and 137,820 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 14 14
Additional paid-in-capital 494,182 489,692
Accumulated other comprehensive income 208 210
Accumulated deficit (401,197) (364,683)
Total stockholders' equity 93,207 125,233
Total liabilities and stockholders' equity $ 116,698 $ 140,403