v3.26.1
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash $ 17,956 $ 27,092
Prepaid expenses and other current assets 540 788
Total Current Assets 18,496 27,880
Non-current assets    
Property and equipment, net 1,600 1,858
Restricted cash 176 220
Right-of-use assets - finance leases 125 296
Right of use assets - operating leases 1,246 1,882
Other non-current assets 102 146
Total Non-Current Assets 3,249 4,402
Total Assets 21,745 32,282
Current liabilities    
Accounts payable 444 309
Accrued expenses and other current liabilities 761 1,633
Short-term finance lease liability 126 295
Short-term operating lease liability 923 924
Total Current Liabilities 2,254 3,161
Long-term finance lease liability 0 0
Long-term operating lease liability 1,128 1,563
Total Non-Current Liabilities 1,128 1,563
Total Liabilities 3,382 4,724
Stockholders' Equity    
Preferred stock, par value $0.0001 per share; 10,000,000 shares authorized at June 30, 2026 and December 31, 2025, respectively; no shares issued and outstanding 0 0
Common stock, par value $0.0001 per share; 490,000,000 shares authorized at June 30, 2026 and December 31, 2025; 9,853,121 and 9,766,132 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 10 10
Additional paid-in capital 169,320 168,644
Accumulated deficit (150,967) (141,096)
Total Stockholders' Equity 18,363 27,558
Total Liabilities and Stockholders' Equity $ 21,745 $ 32,282