Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Assets
Cash and cash equivalents	$ 35,685	$ 87,229
Short-term marketable securities	65,395	63,690
Prepaid expenses and other current assets	4,769	3,953
Total current assets	105,849	154,872
Long-term marketable securities	59,572	61,610
Operating lease right-of-use assets	505	490
Property and equipment, net	288	199
Other long-term assets	1,530	16
Total assets	167,744	217,187
Current liabilities:
Accounts payable	2,269	705
Accrued expenses and other current liabilities	4,459	4,069
Operating lease liabilities	256	157
Total current liabilities	6,984	4,931
Operating lease liabilities, net of current portion	285	375
Total liabilities	7,269	5,306
Commitments and contingencies (Note 8)
Stockholders' equity
Common stock, $0.0001 par value; 250,000,000 shares authorized; 47,766,338 and 67,255,434 shares issued and outstanding at December 31, 2025 and 2024, respectively	5	7
Additional paid-in capital	449,762	441,727
Accumulated other comprehensive income	435	23
Accumulated deficit	(289,727)	(229,876)
Total stockholders' equity	160,475	211,881
Total liabilities and stockholders' equity	$ 167,744	$ 217,187

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount of expenses incurred but not yet paid nor invoiced, and liabilities classified as other.

+ References

No definition available.