v3.26.1
STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of Comprehensive Income [Abstract]      
Revenue $ 76,201 $ 138,103  
Type of Revenue [Extensible List] us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember
Operating expenses:      
Research and development $ 68,728 $ 83,382  
General and administrative 29,837 29,726  
Total operating expenses 98,565 113,108  
Income (loss) from operations (22,364) 24,995  
Interest income 5,206 7,136  
Other income (expense), net 28 (38)  
Income (loss) before income taxes (17,130) 32,093  
Provision for income taxes 238 224  
Net income (loss) (17,368) 31,869  
Net income (loss) (17,368) 31,869  
Deemed dividend on warrants (3,002) 0  
Net income (loss) attributable to common stockholders (20,370) 31,869  
Other comprehensive income (loss):      
Unrealized gain (loss) on available-for-sale investments, net of tax 84 (68)  
Total comprehensive income (loss) $ (17,284) $ 31,801  
Net income (loss) per share, Basic $ (0.15) $ 0.38  
Net income (loss) per share, Diluted $ (0.15) $ 0.38  
Shares used to compute net income (loss) per share, Basic 137,935,873 84,439,303  
Shares used to compute net income (loss) per share, Diluted 137,935,873 84,745,116