v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 5,022 $ 6,638
Restricted cash 123 166
Marketable securities 69,549 69,491
Prepaid expenses and other current assets 1,512 3,038
Assets held for sale 112,096 112,096
Total current assets 188,302 191,429
Property, plant and equipment, net 112 126
Operating lease right-of-use assets 60 238
Accrued rent receivable 7,968 7,664
Other long-term assets 3,986 4,066
Total assets 200,428 203,523
Current liabilities:    
Accounts payable 793 779
Accrued expenses and other current liabilities 3,930 4,064
Total current liabilities 4,723 4,843
Loan payable 84,999 84,806
Other long-term liabilities 8 8
Total liabilities 89,730 89,657
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock, par value $0.000001 per share; 10,000,000 shares authorized; zero shares issued and outstanding as of March 31, 2026, and December 31, 2025 0 0
Common stock, par value $0.000001 per share; 300,000,000 shares authorized; 6,781,976 shares issued and outstanding as of March 31, 2026, and December 31, 2025 0 0
Additional paid-in capital 841,922 840,937
Accumulated other comprehensive loss (532) (583)
Accumulated deficit (730,692) (726,488)
Total stockholders’ equity 110,698 113,866
Total liabilities and stockholders’ equity $ 200,428 $ 203,523