v3.26.1
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
May 31, 2026
Nov. 30, 2025
Current assets:    
Cash and cash equivalents $ 67,685 $ 246,960
Marketable securities 375,844 345,981
Prepaid expenses and other current assets 12,952 13,878
Total current assets 456,481 606,819
Operating lease right-of-use assets 50,107 50,517
Property and equipment, net 20,007 22,490
Restricted cash 968 968
Other assets 7,977 7,341
Total assets 535,540 688,135
Current liabilities:    
Accounts payable 12,208 11,215
Accrued expenses and other current liabilities 43,267 54,852
Operating lease liabilities, current 3,221 2,824
Deferred revenue, current 13,324 17,580
Total current liabilities 72,020 86,471
Operating lease liabilities, net of current portion 54,922 52,906
Deferred revenue, net of current portion 5,971 10,011
Total liabilities 132,913 149,388
Commitments and contingencies (Note 6)
Stockholdersʼ equity:    
Preferred stock, $0.001 par value— 10,000,000 shares authorized as of May 31, 2026 and November 30, 2025; no shares issued and outstanding as of May 31, 2026 and November 30, 2025 0 0
Common stock, $0.001 par value— 500,000,000 shares authorized as of May 31, 2026 and November 30, 2025; 103,701,511 and 101,807,484 shares issued and outstanding as of May 31, 2026 and November 30, 2025, respectively 104 102
Additional paid-in capital 1,582,603 1,541,766
Accumulated other comprehensive income (loss) (145) 105
Accumulated deficit (1,179,935) (1,003,226)
Total stockholdersʼ equity 402,627 538,747
Total liabilities and stockholdersʼ equity $ 535,540 $ 688,135