v3.26.1
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 44,318 $ 31,576
Restricted cash, current 100 100
Short-term investments 136,171 187,549
Accounts receivable, net 18,053 17,118
Inventories 23,918 21,722
Prepaid expenses and other current assets 8,474 9,840
Total current assets 231,034 267,905
Property and equipment, net 10,748 8,600
Operating lease right-of-use asset 5,816 6,627
Long-term investments 44,648 45,431
Other long-term assets 141 180
Total assets 292,387 328,743
Current liabilities:    
Accounts payable 5,351 4,998
Accrued expenses and other current liabilities 17,194 22,431
Operating lease liabilities 1,591 1,938
Deferred revenue 1,881 1,557
Total current liabilities 26,017 30,924
Operating lease liabilities, net of current portion 4,921 5,365
Deferred revenue, net of current portion 3,454 3,297
Other long-term liabilities 1,629 1,547
Total liabilities 36,021 41,133
Commitments and contingencies (Note 15)
Stockholders' equity:    
Preferred stock
Common stock 5 4
Additional paid-in capital 671,986 657,140
Accumulated other comprehensive income (loss) (390) 403
Accumulated deficit (415,235) (369,937)
Total stockholders' equity 256,366 287,610
Total liabilities and stockholders' equity $ 292,387 $ 328,743