v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 21,639 $ 49,241
Marketable securities, current 141,271 160,362
Accounts receivable, net of allowance of $270 and $124, respectively 561 1,333
Legal settlement insurance receivable 4,638 0
Inventory 3,197 4,067
Prepaid expenses and other current assets 4,554 3,006
Total current assets 175,860 218,009
Marketable securities, non-current 52,855 0
Property and equipment, net 13,194 15,993
Operating lease right-of-use assets 3,464 13,061
Other assets 234 808
Total assets 245,607 247,871
Current liabilities:    
Accounts payable 1,623 1,931
Accrued payroll and payroll-related costs 5,903 5,331
Accrued contracted services 3,356 2,379
Accrued legal settlement liability 8,000 0
Accrued expenses and other current liabilities 1,505 4,848
Warrant liabilities, current 794 0
Current portion of operating lease liabilities 1,844 3,698
Total current liabilities 23,025 18,187
Warrant liabilities, non-current 0 4,995
Operating lease liabilities 2,322 9,250
Other long-term liabilities 34 19
Total liabilities 25,381 32,451
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Additional paid-in capital 918,190 811,998
Accumulated other comprehensive (loss) income (6) 45
Accumulated deficit (697,980) (596,641)
Total stockholders’ equity 220,226 215,420
Total liabilities and stockholders’ equity 245,607 247,871
Class A common stock    
Stockholders’ equity:    
Common stock 20 16
Class B common stock    
Stockholders’ equity:    
Common stock $ 2 $ 2