v3.26.1
Note 4 - Balance Sheet Components (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Cash, Cash Equivalent, and Investment [Table Text Block]
  

Amortized

  

Gross Unrealized

  

Estimated

  

Cash and Cash

  

Short-Term

 
  

Cost

  

Gains

  

Losses

  

Fair Value

  

Equivalents

  

Investments

 

June 30, 2026

                        

Cash at banks

 $4,562  $  $  $4,562  $4,562  $ 

Money market funds

  43,545         43,545   43,545    

U.S. Treasury securities

  8,400      (10)  8,390   2,822   5,568 

Commercial paper

  7,480      (1)  7,479      7,479 

Total

 $63,987  $  $(11) $63,976  $50,929  $13,047 
  Amortized  Gross Unrealized  Estimated  Cash and Cash  Short-Term 
  

Cost

  

Gains

  

Losses

  

Fair Value

  

Equivalents

  

Investments

 

December 31, 2025

                        

Cash at banks

 $3,583  $  $  $3,583  $3,583  $ 

Money market funds

  46,164         46,164   46,164    

U.S. Treasury securities

  14,063   1   (4)  14,060   4,067   9,993 

Total

 $63,810  $1  $(4) $63,807  $53,814  $9,993 
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]
  

June 30, 2026

  

December 31, 2025

 
         

Prepaid clinical and manufacturing expenses

 $2,970  $18,920 

Prepaid insurance

  553   168 

Prepaid rent

  327   539 

Other prepaid

  1,170   677 

Other current assets

  703   667 

Prepaid expenses and other current assets

 $5,723  $20,971 
Property, Plant, and Equipment [Table Text Block]
  

June 30, 2026

  

December 31, 2025

 
         

Laboratory equipment

 $13,967  $14,005 

Office and computer equipment

  937   1,142 

Leasehold improvements

  2,706   3,929 

Construction in progress

  1,488   158 

Total property and equipment

  19,098   19,234 

Less: accumulated depreciation

  (13,593)  (13,801)

Property and equipment, net

 $5,505  $5,433 
Intangible Asset, Finite-Lived [Table Text Block]
  

June 30, 2026

  

December 31, 2025

 
         

Developed technology

 $5,000  $5,000 

Intellectual property

  80   80 

Total cost

  5,080   5,080 

Less: accumulated amortization

  (2,619)  (2,254)

Intangible assets, net

 $2,461  $2,826 
Intangible Asset, Finite-Lived, and Capitalized Cost, Software to be Sold, Leased, or Marketed, Estimated Amortization Expense [Table Text Block]

Year Ending December 31,

 

Amount

 

2026 (six months remaining)

 $367 

2027

  731 

2028

  727 

2029

  636 

Total

 $2,461 
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]
  

June 30, 2026

  

December 31, 2025

 
         

Balance at beginning of period

 $68  $65,400 

Revenue recognized

  (81)  (65,513)

Amounts collected or invoiced

  75   181 

Balance at end of period

 $62  $68 
  

June 30, 2026

  

December 31, 2025

 
         

Balance at beginning of period

 $14,976  $ 

Revenue recognized for collaboration

  (5,734)  (2,108)

Amounts collected or invoiced

     17,084 

Total deferred collaboration revenue

  9,242   14,976 

Current portion

  (7,719)  (12,952)

Non-current portion

 $1,523  $2,024 
Schedule of Accrued Liabilities [Table Text Block]
  

June 30, 2026

  

December 31, 2025

 
         

Accrued compensation

 $2,687  $4,244 

Accrued clinical and manufacturing expenses

  36,791   42,455 

Accrued professional and consulting services

  1,962   552 

Other liabilities, current portion

  1,688   628 

Total

 $43,128  $47,879