v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,805 $ 7,707
Prepaid expenses and other current assets 641 562
Total current assets 2,446 8,269
Property and equipment-net 545 605
Operating lease right-of-use assets 7,248 7,540
Other noncurrent assets 509 517
Total assets 10,748 16,931
Current liabilities:    
Accounts payable 585 1,038
Accrued expenses 1,162 937
Current operating lease liabilities 1,239 1,192
Accrued compensation 325 147
Total current liabilities 3,311 3,314
Operating lease liabilities, less current portion 6,615 6,949
Total liabilities 9,926 10,263
Commitments and contingencies (Note 5)
Stockholders' equity:    
Common stock, $0.001 par value; 100,000,000 shares authorized; 14,344,034 and 4,927,161 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 14 5
Additional paid-in capital 270,880 240,031
Accumulated deficit (270,072) (233,368)
Total stockholders’ equity 822 6,668
Total liabilities and stockholders’ equity $ 10,748 $ 16,931