v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 107,097 $ 71,793
Restricted cash and cash equivalents 100 100
Prepaid expenses and other current assets 3,972 3,318
Total current assets 111,169 75,211
Operating lease right-of-use assets 839 963
Goodwill 1,914 1,914
Deposits and other assets 255 257
Total assets 114,177 78,345
Current liabilities:    
Accounts payable 3,633 2,948
Accrued expenses and other current liabilities 2,261 3,525
Operating lease liabilities 562 544
Total current liabilities 6,456 7,017
Operating lease liabilities, non-current 309 457
Total liabilities 6,765 7,474
Commitments and contingencies (Note 5)
Stockholders’ equity:    
Common stock, $0.0001 par value; 350,000,000 shares authorized, 181,332,574 and 153,103,459 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 18 15
Additional paid-in capital 390,789 345,844
Accumulated deficit (283,395) (274,988)
Total stockholders’ equity 107,412 70,871
Total liabilities and stockholders’ equity $ 114,177 $ 78,345