v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating activities:    
Net loss $ (26,262) $ (41,843)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 266 389
Stock-based compensation expense 3,118 5,303
Noncash lease expense 1,103 1,309
Noncash interest and other expense, net 85 202
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 615 (110)
Accounts payable (1,412) 1,605
Accrued expenses and other liabilities (3,404) 1,273
Interest payable (59) (54)
Operating lease liabilities (870) (1,101)
Cash used in operating activities (26,820) (33,027)
Investing activities:    
Purchase of property and equipment 0 (435)
Cash used in investing activities 0 (435)
Financing activities:    
Proceeds from the issuance of common stock, net of issuance costs 6,045 28,591
Proceeds from the issuance of pre-funded warrants, net of issuance costs 3,309 0
Proceeds from the issuance of common stock warrants, net of issuance costs 1,284 0
Repayment of loan (6,426) (4,398)
Proceeds from the issuance of common stock under equity plan awards 47 307
Cash provided by financing activities 4,259 24,500
Net increase in cash and cash equivalents (22,561) (8,962)
Cash, cash equivalents and restricted cash at beginning of period 30,711 39,673
Cash, cash equivalents and restricted cash at end of period 8,150 30,711
Supplemental disclosure of cash flow information:    
Cash paid for interest 192 1,177
Cash paid for business taxes 43 54
Non-cash investing activities:    
Property and equipment in accounts payable $ 0 $ 0