Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 60,034	$ 44,063
Short-term investments	140,759	105,137
Prepaid expenses and other current assets	3,453	4,278
Total current assets	204,246	153,478
Operating lease right-of-use assets, net	7,568	1,469
Property and equipment, net	1,650	994
Long-term investments	87,214	67,489
Restricted cash	1,203	1,415
Other non-current assets	66	101
Total assets	301,947	224,946
Current liabilities:
Accounts payable	5,044	7,756
Accrued liabilities	10,688	9,547
Operating lease liability, current portion	1,237	242
Other current liabilities	518	364
Total current liabilities	17,487	17,909
Operating lease liability, non-current portion	6,440	1,290
Financing lease liability	434	181
Total liabilities	24,361	19,380
Stockholders' equity:
Common stock, par value $0.0001 - 500,000,000 shares authorized at June 30, 2026 and December 31, 2025, respectively; 36,281,767 and 31,524,093 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively	4	3
Additional paid-in capital	552,591	426,652
Accumulated deficit	(275,009)	(221,089)
Total stockholders' equity	277,586	205,566
Total liabilities and stockholders' equity	$ 301,947	$ 224,946

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).