v3.26.1
CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
2026 Private Placement
Common Stock
Common Stock
2026 Private Placement
Additional Paid-In Capital
Additional Paid-In Capital
2026 Private Placement
Accumulated Other Comprehensive Gain (Loss)
Accumulated Deficit
Beginning balances at Dec. 31, 2024 $ 81,849       $ 287,594   $ 31 $ (205,776)
Beginning balances, shares at Dec. 31, 2024     29,919,634          
Issuance of common stock under the ESPP 38       38      
Issuance of common stock under the ESPP, shares     42,797          
Issuance of common stock upon exercise of stock options 27       27      
Issuance of common stock upon exercise of stock options, shares     63,124          
Issuance of common stock upon release of restricted stock units, shares     115,962          
Stock-based compensation 2,047       2,047      
Unrealized gain (loss) on available-for-sale investments 17           17  
Net loss (10,649)             (10,649)
Ending balances at Mar. 31, 2025 73,329       289,706   48 (216,425)
Ending balances, shares at Mar. 31, 2025     30,141,517          
Beginning balances at Dec. 31, 2025 53,060       293,953   57 (240,950)
Beginning balances, shares at Dec. 31, 2025     27,413,171          
Issuance of common stock in the 2026 Private Placement, net of placement agent fees and other offering costs   $ 21,894       $ 21,894    
Issuance of common stock in the 2026 Private Placement, net of placement agent fees and other offering costs, shares       8,245,611        
Issuance of pre-funded warrants in the 2026 Private Placement, net of placement agent fees and other offering costs   $ 15,372       $ 15,372    
Issuance of common stock under the ESPP 39       39      
Issuance of common stock under the ESPP, shares     36,285          
Issuance of common stock upon exercise of stock options $ 24       24      
Issuance of common stock upon exercise of stock options, shares 8,119   8,119          
Issuance of common stock upon release of restricted stock units, shares     282,413          
Stock-based compensation $ 1,460       1,460      
Unrealized gain (loss) on available-for-sale investments (62)           (62)  
Net loss (10,028)             (10,028)
Ending balances at Mar. 31, 2026 $ 81,759       $ 332,742   $ (5) $ (250,978)
Ending balances, shares at Mar. 31, 2026     35,985,599