Condensed Statement of Convertible Preferred Stock and Stockholders' Equity (Deficit) - USD ($)
$ in Thousands |
Total |
Series A Convertible Preferred Stock |
Series B Convertible Preferred Stock |
Series C Convertible Preferred Stock |
Common Stock |
Additional Paid-In Capital |
Additional Paid-In Capital
Series C Convertible Preferred Stock
|
Accumulated Deficit |
Accumulated Other Comprehensive Loss |
| Beginning Balance at Dec. 31, 2024 |
|
$ 13,578
|
$ 29,801
|
$ 52,847
|
|
|
|
|
|
| Beginning Balance, Shares at Dec. 31, 2024 |
|
4,902,814
|
4,335,051
|
4,890,123
|
|
|
|
|
|
| Beginning Balance at Dec. 31, 2024 |
$ (70,630)
|
|
|
|
|
$ 541
|
|
$ (71,171)
|
|
| Beginning Balance, Shares at Dec. 31, 2024 |
|
|
|
|
4,139,219
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Issuance of common stock |
|
|
|
|
|
|
$ 600
|
|
|
| Beginning Balance at Dec. 31, 2024 |
|
$ 13,578
|
$ 29,801
|
$ 52,847
|
|
|
|
|
|
| Beginning Balance, Shares at Dec. 31, 2024 |
|
4,902,814
|
4,335,051
|
4,890,123
|
|
|
|
|
|
| Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Issuance of Series C convertible preferred stock |
|
|
|
$ 12,503
|
|
|
|
|
|
| Issuance of Series C convertible preferred stock, Shares |
|
|
|
1,117,743
|
|
|
|
|
|
| Ending Balance at Mar. 31, 2025 |
|
$ 13,578
|
$ 29,801
|
$ 65,350
|
|
|
|
|
|
| Ending Balance, Shares at Mar. 31, 2025 |
|
4,902,814
|
4,335,051
|
6,007,866
|
|
|
|
|
|
| Beginning Balance at Dec. 31, 2024 |
(70,630)
|
|
|
|
|
541
|
|
(71,171)
|
|
| Beginning Balance, Shares at Dec. 31, 2024 |
|
|
|
|
4,139,219
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Deemed dividend related to issuance of Series C convertible preferred stock |
(584)
|
|
|
|
|
(584)
|
|
|
|
| Vesting of early exercised stock options |
10
|
|
|
|
|
10
|
|
|
|
| Vesting of early exercised stock options, Shares |
|
|
|
|
8,960
|
|
|
|
|
| Exercise of vested stock options |
149
|
|
|
|
|
149
|
|
|
|
| Exercise of vested stock options, Shares |
|
|
|
|
422,364
|
|
|
|
|
| Stock-based compensation expense |
175
|
|
|
|
|
175
|
|
|
|
| Net loss |
(5,729)
|
|
|
|
|
|
|
(5,729)
|
|
| Ending Balance at Mar. 31, 2025 |
(76,609)
|
|
|
|
|
291
|
|
(76,900)
|
|
| Ending Balance, Shares at Mar. 31, 2025 |
|
|
|
|
4,570,543
|
|
|
|
|
| Beginning Balance at Dec. 31, 2024 |
|
$ 13,578
|
$ 29,801
|
$ 52,847
|
|
|
|
|
|
| Beginning Balance, Shares at Dec. 31, 2024 |
|
4,902,814
|
4,335,051
|
4,890,123
|
|
|
|
|
|
| Ending Balance at Jun. 30, 2025 |
|
$ 13,578
|
$ 29,801
|
$ 65,350
|
|
|
|
|
|
| Ending Balance, Shares at Jun. 30, 2025 |
|
4,902,814
|
4,335,051
|
6,007,866
|
|
|
|
|
|
| Beginning Balance at Dec. 31, 2024 |
(70,630)
|
|
|
|
|
541
|
|
(71,171)
|
|
| Beginning Balance, Shares at Dec. 31, 2024 |
|
|
|
|
4,139,219
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Net loss |
(12,495)
|
|
|
|
|
|
|
|
|
| Ending Balance at Jun. 30, 2025 |
(83,073)
|
|
|
|
|
593
|
|
(83,666)
|
|
| Ending Balance, Shares at Jun. 30, 2025 |
|
|
|
|
4,603,756
|
|
|
|
|
| Increase (Decrease) in Temporary Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Issuance of Series C convertible preferred stock, Shares |
|
|
|
1,117,743
|
|
|
|
|
|
| Beginning Balance at Mar. 31, 2025 |
|
$ 13,578
|
$ 29,801
|
$ 65,350
|
|
|
|
|
|
| Beginning Balance, Shares at Mar. 31, 2025 |
|
4,902,814
|
4,335,051
|
6,007,866
|
|
|
|
|
|
| Ending Balance at Jun. 30, 2025 |
|
$ 13,578
|
$ 29,801
|
$ 65,350
|
|
|
|
|
|
| Ending Balance, Shares at Jun. 30, 2025 |
|
4,902,814
|
4,335,051
|
6,007,866
|
|
|
|
|
|
| Beginning Balance at Mar. 31, 2025 |
(76,609)
|
|
|
|
|
291
|
|
(76,900)
|
|
| Beginning Balance, Shares at Mar. 31, 2025 |
|
|
|
|
4,570,543
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Vesting of early exercised stock options |
10
|
|
|
|
|
10
|
|
|
|
| Vesting of early exercised stock options, Shares |
|
|
|
|
8,960
|
|
|
|
|
| Exercise of vested stock options |
34
|
|
|
|
|
34
|
|
|
|
| Exercise of vested stock options, Shares |
|
|
|
|
24,253
|
|
|
|
|
| Stock-based compensation expense |
258
|
|
|
|
|
258
|
|
|
|
| Net loss |
(6,766)
|
|
|
|
|
|
|
(6,766)
|
|
| Ending Balance at Jun. 30, 2025 |
(83,073)
|
|
|
|
|
593
|
|
(83,666)
|
|
| Ending Balance, Shares at Jun. 30, 2025 |
|
|
|
|
4,603,756
|
|
|
|
|
| Ending Balance at Mar. 31, 2026 |
|
$ 0
|
$ 0
|
$ 0
|
|
|
|
|
|
| Ending Balance, Shares at Mar. 31, 2026 |
|
0
|
0
|
0
|
|
|
|
|
|
| Beginning Balance at Dec. 31, 2025 |
$ 98,869
|
|
|
|
|
199,674
|
|
(100,805)
|
|
| Beginning Balance, Shares at Dec. 31, 2025 |
26,604,505
|
|
|
|
26,604,505
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Vesting of early exercised stock options |
$ 10
|
|
|
|
|
10
|
|
|
|
| Vesting of early exercised stock options, Shares |
|
|
|
|
8,961
|
|
|
|
|
| Exercise of vested stock options |
436
|
|
|
|
|
436
|
|
|
|
| Cashless exercise of warrants |
|
|
|
|
30,366
|
|
|
|
|
| Exercise of vested stock options, Shares |
|
|
|
|
537,669
|
|
|
|
|
| Stock-based compensation expense |
1,629
|
|
|
|
|
1,629
|
|
|
|
| Net loss |
(8,696)
|
|
|
|
|
|
|
(8,696)
|
|
| Ending Balance at Mar. 31, 2026 |
92,248
|
|
|
|
|
201,749
|
|
(109,501)
|
|
| Ending Balance, Shares at Mar. 31, 2026 |
|
|
|
|
27,181,501
|
|
|
|
|
| Ending Balance at Jun. 30, 2026 |
|
$ 0
|
$ 0
|
$ 0
|
|
|
|
|
|
| Ending Balance, Shares at Jun. 30, 2026 |
|
0
|
0
|
0
|
|
|
|
|
|
| Beginning Balance at Dec. 31, 2025 |
$ 98,869
|
|
|
|
|
199,674
|
|
(100,805)
|
|
| Beginning Balance, Shares at Dec. 31, 2025 |
26,604,505
|
|
|
|
26,604,505
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Exercise of vested stock options, Shares |
547,688
|
|
|
|
|
|
|
|
|
| Net loss |
$ (19,206)
|
|
|
|
|
|
|
|
|
| Ending Balance at Jun. 30, 2026 |
$ 84,246
|
|
|
|
|
204,274
|
|
(120,011)
|
$ (17)
|
| Ending Balance, Shares at Jun. 30, 2026 |
27,225,759
|
|
|
|
27,225,759
|
|
|
|
|
| Beginning Balance at Mar. 31, 2026 |
|
$ 0
|
$ 0
|
$ 0
|
|
|
|
|
|
| Beginning Balance, Shares at Mar. 31, 2026 |
|
0
|
0
|
0
|
|
|
|
|
|
| Ending Balance at Jun. 30, 2026 |
|
$ 0
|
$ 0
|
$ 0
|
|
|
|
|
|
| Ending Balance, Shares at Jun. 30, 2026 |
|
0
|
0
|
0
|
|
|
|
|
|
| Beginning Balance at Mar. 31, 2026 |
$ 92,248
|
|
|
|
|
201,749
|
|
(109,501)
|
|
| Beginning Balance, Shares at Mar. 31, 2026 |
|
|
|
|
27,181,501
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Vesting of early exercised stock options |
11
|
|
|
|
|
11
|
|
|
|
| Vesting of early exercised stock options, Shares |
|
|
|
|
8,961
|
|
|
|
|
| Exercise of vested stock options |
36
|
|
|
|
|
36
|
|
|
|
| Exercise of vested stock options, Shares |
|
|
|
|
10,019
|
|
|
|
|
| Issuance of common stock in connection with the employee stock purchase plan, Shares |
|
|
|
|
25,278
|
|
|
|
|
| Issuance of common stock in connection with the employee stock purchase plan, Value |
207
|
|
|
|
|
207
|
|
|
|
| Stock-based compensation expense |
2,271
|
|
|
|
|
2,271
|
|
|
|
| Other comprehensive loss |
(17)
|
|
|
|
|
|
|
|
(17)
|
| Net loss |
(10,510)
|
|
|
|
|
|
|
(10,510)
|
|
| Ending Balance at Jun. 30, 2026 |
$ 84,246
|
|
|
|
|
$ 204,274
|
|
$ (120,011)
|
$ (17)
|
| Ending Balance, Shares at Jun. 30, 2026 |
27,225,759
|
|
|
|
27,225,759
|
|
|
|
|