v3.25.4
Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
Net operating loss carryforwards $ 46,029 $ 42,043
Research and development credits 16,805 14,903
Research and development expenditures, capitalized for tax 12,073 12,283
Fixed assets and inventory 0 28
Accruals and reserves 1,980 1,399
Interest expense carryforward 6,709 5,747
Operating lease liability 3,076 3,515
Other 1,698 1,281
Gross deferred tax assets 88,370 81,199
Deferred tax liabilities:    
Operating lease right-of-use asset (2,607) (3,014)
Fixed assets and inventory (53) 0
Total deferred tax liabilities (2,660) (3,014)
Valuation allowance (85,710) (78,185)
Net deferred tax assets $ 0 $ 0