Supplemental Financial Information

6 Months Ended

Jun. 30, 2026

Balance Sheet Related Disclosures [Abstract]

Property and Equipment.


	Estimated Useful Lives	As of June 30,		As of December 31,
	In Years	2026		2025
		(in thousands)

Computers and software	3-5	$	2,003	$	2,003
Furniture and fixtures	5-7	389		389
Leasehold improvements	3-7	2,178		2,178
Total property and equipment		4,570		4,570
Less: Accumulated depreciation and amortization		(2,919)		(2,707)
Net property and equipment		$	1,651	$	1,863

Accrued Liabilities.


	As of June 30,		As of December 31,
	2026		2025
	(in thousands)

Accrued research and development services	$	4,149	$	2,932
Accrued compensation and benefits	3,896		6,415
Short-term lease liability	1,642		1,642
Other	2,676		2,200
Total accrued liabilities	$	12,363	$	13,189

Net Income (Loss) Per Share. Net income (loss) per common share is computed using the weighted average number of shares of common stock outstanding. Potentially dilutive shares associated with warrants, stock options and restricted stock units totaling 10.6 million and 9.8 million for the three and six months ended June 30, 2026, and totaling 0.1 million for the six months ended June 30, 2025, and our convertible preferred shares further described in Note 9 were not included in the computation of diluted earnings per share because they are antidilutive due to the Company’s net loss in the periods presented.