v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 224,507 $ 77,558
Investments 59,240 111,371
Prepaid expenses and other current assets 5,803 3,805
Total current assets 289,550 192,734
Property and equipment, net 25,099 28,170
Goodwill 39,154 39,154
Intangible assets 25,150 25,150
Restricted cash 1,341 1,340
Deposits 482 482
Operating lease right-of-use assets, net 3,190 3,210
Finance lease right-of-use asset, net 39,132 40,209
Total assets 423,098 330,449
Current liabilities:    
Accounts payable and accrued expenses 28,341 27,291
Operating lease liabilities, current 1,039 1,003
Finance lease liability, current 1,940 1,912
Total current liabilities 31,320 30,206
Operating lease liabilities, non-current 2,488 2,600
Finance lease liability, non-current 19,331 19,362
Other liabilities 1,129 1,060
Total liabilities 54,268 53,228
Commitments and contingencies (Note 14)
Stockholders' equity:    
Common stock, $0.01 par value, 180,000,000 shares authorized; 109,539,424 and 108,319,783 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 1,095 1,083
Additional paid-in capital 1,733,460 1,717,408
Accumulated other comprehensive loss (106) (31)
Accumulated deficit (1,365,619) (1,441,239)
Total stockholders' equity 368,830 277,221
Total liabilities and stockholders' equity 423,098 330,449
Series A Convertible Preferred Shares    
Stockholders' equity:    
Preferred stock
Series B Convertible Preferred Shares    
Stockholders' equity:    
Preferred stock