v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 101,620 $ 80,735
Accounts receivable, net 122 274
Inventory 236 136
Prepaid expenses and other current assets 3,722 2,276
Total current assets 105,700 83,421
Property and equipment, net 1,063 1,051
Intangible assets, net 222 575
Goodwill 2,791 2,791
Right-of-use assets 5,385 6,010
Other assets 403 691
Total assets 115,564 94,539
Current liabilities:    
Accounts payable 2,832 2,777
Accrued liabilities 6,460 3,576
Lease liability, current 1,686 1,570
Total current liabilities 10,978 7,923
Lease liability, less current portion 5,086 5,960
Total liabilities 16,064 13,883
Stockholders’ equity:    
Preferred stock, $0.001 par value; authorized – 50,000,000 shares; no shares issued and outstanding 0 0
Common stock, $0.001 par value; authorized – 500,000,000 shares; issued and outstanding – 70,799,962 shares and 67,839,689 shares as of June 30, 2026 and December 31, 2025, respectively 71 68
Additional paid-in capital 605,948 543,869
Accumulated deficit (506,519) (463,281)
Total stockholders’ equity 99,500 80,656
Total liabilities and stockholders’ equity $ 115,564 $ 94,539