v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 14,557 $ 20,065
Short-term investments, at amortized cost 92,297 82,979
Accounts receivable, net 4,246 3,503
Inventory 7,631 7,547
Prepaid expenses and other current assets 4,206 4,275
Total current assets 122,937 118,369
Investments, non-current, at amortized cost 40,811 52,570
Property and equipment, net 16,637 17,531
Right-of-use asset - operating leases 10,699 10,920
Intangible assets, net 783 650
Other assets 2,606 2,467
Total assets 194,473 202,507
Current liabilities:    
Accounts payable 1,196 1,401
Accrued expenses and other 4,371 7,812
Operating lease liability, current 1,374 1,456
Deferred revenue, current portion 3,271 3,598
Total current liabilities 10,212 14,267
Operating lease liability, net of current portion 16,113 16,487
Other liabilities 262 263
Total liabilities 26,587 31,017
Commitments and contingencies (Note 7)
Stockholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized and no shares issued and outstanding at March 31, 2026 and December 31, 2025
Common stock, $0.01 par value; 400,000,000 shares authorized, 107,121,672 and 106,789,618 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 1,071 1,068
Additional paid-in capital 433,048 431,905
Accumulated deficit (266,233) (261,483)
Total stockholders' equity 167,886 171,490
Total liabilities and stockholders' equity $ 194,473 $ 202,507