v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 20,065 $ 27,884
Short-term investments, at amortized cost 82,979 126,598
Accounts receivable, net 3,503 4,682
Inventory 7,547 8,914
Prepaid expenses and other current assets 4,275 3,606
Total current assets 118,369 171,684
Investments, non-current, at amortized cost 52,570 35,781
Property and equipment, net 17,531 19,707
Right-of-use asset - operating leases 10,920 10,766
Intangible assets, net 650  
Other assets 2,467 1,532
Total assets 202,507 239,470
Current liabilities:    
Accounts payable 1,401 1,358
Accrued expenses and other 7,812 8,302
Operating lease liability, current 1,456 864
Deferred revenue, current portion 3,598 5,251
Total current liabilities 14,267 15,775
Operating lease liability, net of current portion 16,487 17,170
Other liabilities 263 274
Total liabilities 31,017 33,219
Commitments and contingencies (Note 8)
Stockholders' equity    
Preferred stock, $0.01 par value; 5,000,000 shares authorized and no shares issued and outstanding at December 31, 2025 and December 31, 2024
Common stock, $0.01 par value; 400,000,000 shares authorized, 106,789,618 and 105,711,093 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively 1,068 1,057
Additional paid-in capital 431,905 422,047
Accumulated deficit (261,483) (216,853)
Total stockholders' equity 171,490 206,251
Total liabilities and stockholders' equity $ 202,507 $ 239,470