v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 47,321,566 $ 128,645,025
Marketable securities 109,372,057 44,186,244
Prepaids and other current assets 4,715,535 3,414,685
Total current assets 161,409,158 176,245,954
Marketable securities, non-current 41,950,745 44,183,186
Property and equipment, net 937,008 938,481
Goodwill 6,690,431 6,690,431
Intangible asset, net 313,830 321,147
Right-of-use assets 3,230,489 3,322,249
Other assets 278,129 283,562
Total assets 214,809,790 231,985,010
Current liabilities:    
Accounts payable 1,453,158 1,542,737
Accrued expenses 3,064,066 7,842,367
Other liabilities 44,191 291,513
Lease liabilities 412,835 397,104
Total current liabilities 4,974,250 10,073,721
Long-term liabilities:    
Lease liabilities, net of current portion 3,317,369 3,427,321
Total liabilities 8,291,619 13,501,042
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at March 31, 2026 and December 31, 2025; 0 shares issued or outstanding at March 31, 2026 and December 31, 2025 0 0
Additional paid-in capital 500,475,466 498,658,072
Accumulated other comprehensive income (loss) (241,005) 81,332
Accumulated deficit (293,780,979) (280,320,084)
Total stockholders' equity 206,518,171 218,483,968
Total liabilities and stockholders' equity 214,809,790 231,985,010
Class A Common Stock    
Stockholders’ equity:    
Common stock 64,689 64,648
Class B Common Stock    
Stockholders’ equity:    
Common stock $ 0 $ 0