v3.26.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation

 

      %      % 
   Year Ended December 31, 
   2025   2024 
   Amount   %   Amount   % 
Tax benefit at statutory rate  $(37,179)   21.0%  $(23,474)   21.0%
State income tax benefit, net of federal tax effect   (14)       (3)    
Federal change in valuation allowance on deferred tax assets   38,249    (21.6)   23,797    (21.3)
Federal research and development credits   (1,358)   0.8    (982)   0.9 
Prior year adjustments   (343)   0.2    (3)    
Non-deductible items   645    (0.4)   665    (0.6)
Income tax expense (benefit)  $    %  $    %
Schedule of Deferred Tax Assets and Liabilities

 

       
   As of December 31, 
   2025   2024 
Gross deferred tax assets (liabilities):          
Accrued expenses  $253   $459 
Stock-based compensation   6,056    2,861 
Property and equipment   463    420 
Right-of-use assets   (11)   (45)
Lease liabilities   12    48 
Section 174 expenditures   48,070    30,133 
Start-up expenditures   21,955    12,998 
Net operating losses and tax credits   23,483    13,340 
Deferred tax assets before valuation allowance   100,281    60,214 
Valuation allowance   (100,281)   (60,214)
Net deferred tax assets  $   $