v3.26.1
Balance Sheets (FY)
$ in Thousands
Dec. 31, 2024
USD ($)
Current assets:  
Cash and cash equivalents $ 37,573
Marketable securities 39,183
Prepaid expenses and other current assets 838
Prepaid research and development 1,221
Total current assets 78,815
Property and equipment, net 9,331
Right of use assets - operating leases 13,803
Other assets 463
Total assets 102,412
Current liabilities:  
Accounts payable 742
Accrued expenses and other current liabilities 6,707
Non-refundable sublicense and transition services payments 8,226
Operating lease liabilities 3,688
Total current liabilities 19,363
Operating lease liabilities - noncurrent 21,788
Total liabilities 41,151
Commitments and contingencies (note 11)
Stockholders' equity:  
Preferred stock, $0.0001 par value: 10,000,000 shares authorized; no shares issued and outstanding at both December 31, 2025 and December 31, 2024
Additional paidin capital 720,488
Accumulated other comprehensive income (loss) 8
Accumulated deficit (659,235)
Total stockholders' equity 61,261
Total liabilities and stockholders' equity $ 102,412