Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 71,878	$ 41,749
Marketable securities	0	90,496
Prepaid expenses and other current assets	3,334	5,243
Assets held for sale	520	0
Total current assets	75,732	137,488
Property and equipment, net	166	2,893
Operating lease right-of-use asset	749	1,886
Other assets	0	2,415
Total assets	76,647	144,682
Current liabilities:
Accounts payable	507	3,651
Accrued liabilities	3,741	7,935
Operating lease liabilities, current	2,326	3,526
Debt, current	0	5,217
Total current liabilities	6,574	20,329
Operating lease liabilities, noncurrent	0	2,326
Debt, noncurrent	0	5,111
Total liabilities	6,574	27,766
Stockholders' equity:
Common stock, $0.001 par value, 250,000,000 shares authorized as of December 31, 2025 and 2024; 7,331,739 and 7,303,629 shares issued and outstanding as of December 31, 2025 and 2024, respectively	7	7
Preferred stock, $0.001 par value, 10,000,000 shares authorized, zero shares issued and outstanding as of December 31, 2025 and 2024	0	0
Additional paid-in capital	560,598	551,570
Accumulated other comprehensive loss	0	(162)
Accumulated deficit	(490,532)	(434,499)
Total stockholders' equity	70,073	116,916
Total liabilities and stockholders' equity	$ 76,647	$ 144,682

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).

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

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).