CONDENSED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 44,318	$ 19,941
Short-term investments	34,069	38,060
Prepaid expenses and other current assets	1,604	1,936
Total current assets	79,991	59,937
Long-term investments	1,469	2,013
Other assets, long-term	216	0
Total assets	81,676	61,950
Current liabilities:
Accounts payable	1,967	3,021
Accrued compensation	1,095	2,418
Accrued liabilities	1,747	2,052
Other current liabilities	776	1,229
Total current liabilities	5,585	8,720
Other non-current liabilities	170	170
Total liabilities	5,755	8,890
Commitments and contingencies (Note 7)
Stockholders' equity:
Preferred stock, $0.00001 par value; 10,000,000 shares authorized at June 30, 2026 and December 31, 2025; no shares issued and outstanding at June 30, 2026 and December 31, 2025
Common stock, $0.00001 par value; 500,000,000 shares authorized at June 30, 2026 and December 31, 2025; 36,308,669 and 27,413,171 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively
Additional paid-in capital	335,107	293,953
Accumulated other comprehensive (loss) gain	(23)	57
Accumulated deficit	(259,163)	(240,950)
Total stockholders' equity	75,921	53,060
Total liabilities and stockholders' equity	$ 81,676	$ 61,950

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).