v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 98,086 $ 88,932
Prepaid expenses 521 743
Other current assets 201 218
Total current assets 98,808 89,893
Other assets 5 6
Total assets 98,813 89,899
Current liabilities:    
Accounts payable and accrued expenses 6,821 6,557
Total current liabilities 6,881 6,641
Contract liabilities 1,830 18,669
Total liabilities 8,854 25,462
Commitments and contingencies
Stockholders’ equity:    
Additional paid-in capital 392,478 391,090
Accumulated deficit (302,558) (326,692)
Total stockholders’ equity 89,959 64,437
Total liabilities and stockholders’ equity 98,813 89,899
Related Party    
Current liabilities:    
Warrant liability, related party 60 84
Nonrelated Party    
Current liabilities:    
Warrant liability 143 152
Class A Common Stock    
Stockholders’ equity:    
Common stock value 39 39
Class B Common Stock    
Stockholders’ equity:    
Common stock value $ 0 $ 0