v3.26.1
Condensed Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional paid-in-capital
Accumulated other comprehensive income/ (loss)
Accumulated deficit
Beginning balance, (in shares) at Dec. 31, 2024   22,300,000      
Beginning balance at Dec. 31, 2024 $ 150,642 $ 2 $ 351,991 $ 121 $ (201,472)
Stock-based compensation 1,797   1,797    
Unrealized loss on short-term investments (89)     (89)  
Net loss (15,758)       (15,758)
Ending balance, (in shares) at Mar. 31, 2025   22,300,000      
Ending balance at Mar. 31, 2025 136,592 $ 2 353,788 32 (217,230)
Beginning balance, (in shares) at Dec. 31, 2024   22,300,000      
Beginning balance at Dec. 31, 2024 150,642 $ 2 351,991 121 (201,472)
Ending balance, (in shares) at Jun. 30, 2025   22,386,000      
Ending balance at Jun. 30, 2025 122,691 $ 2 355,598 (4) (232,905)
Beginning balance, (in shares) at Mar. 31, 2025   22,300,000      
Beginning balance at Mar. 31, 2025 136,592 $ 2 353,788 32 (217,230)
Stock-based compensation 1,693   1,693    
Issuance of common stock under the Employee Stock Purchase Plan (in shares)   86,000      
Issuance of common stock under the Employee Stock Purchase Plan 117   117    
Unrealized loss on short-term investments (36)     (36)  
Net loss (15,675)       (15,675)
Ending balance, (in shares) at Jun. 30, 2025   22,386,000      
Ending balance at Jun. 30, 2025 122,691 $ 2 355,598 (4) (232,905)
Beginning balance, (in shares) at Dec. 31, 2025   22,407,000      
Beginning balance at Dec. 31, 2025 98,654 $ 2 358,257 64 (259,669)
Stock-based compensation 1,371   1,371    
Unrealized loss on short-term investments (87)     (87)  
Net loss (13,555)       (13,555)
Ending balance, (in shares) at Mar. 31, 2026   22,407,000      
Ending balance at Mar. 31, 2026 86,383 $ 2 359,628 (23) (273,224)
Beginning balance, (in shares) at Dec. 31, 2025   22,407,000      
Beginning balance at Dec. 31, 2025 $ 98,654 $ 2 358,257 64 (259,669)
Exercise of stock options (in shares) 33,000        
Ending balance, (in shares) at Jun. 30, 2026   22,475,000      
Ending balance at Jun. 30, 2026 $ 65,976 $ 2 362,923 (32) (296,917)
Beginning balance, (in shares) at Mar. 31, 2026   22,407,000      
Beginning balance at Mar. 31, 2026 86,383 $ 2 359,628 (23) (273,224)
Stock-based compensation 3,222   3,222    
Issuance of common stock under the Employee Stock Purchase Plan (in shares)   35,000      
Issuance of common stock under the Employee Stock Purchase Plan 37   37    
Exercise of stock options (in shares)   33,000      
Exercise of stock options 36   36    
Unrealized loss on short-term investments (9)     (9)  
Net loss (23,693)       (23,693)
Ending balance, (in shares) at Jun. 30, 2026   22,475,000      
Ending balance at Jun. 30, 2026 $ 65,976 $ 2 $ 362,923 $ (32) $ (296,917)