v3.26.1
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 107,865 $ 20,025
Marketable securities 93,277 124,267
Prepaid expenses and other current assets 7,124 5,281
Total current assets 208,266 149,573
Operating lease right-of-use assets 2,442 2,914
Property and equipment, net 16,721 20,860
Intangibles, net 40,051 41,514
Restricted cash, long-term 1,054 1,053
Other long-term assets 383 383
TOTAL ASSETS 268,917 216,297
Current liabilities:    
Accounts payable and accrued expenses 16,257 19,348
Long-term debt 150 873
Operating lease obligations 2,037 1,805
Deferred revenue 1,154 739
Total current liabilities 19,598 22,765
Operating lease obligations, net of current portion 1,642 2,624
Deferred revenue, long-term 240 436
Other long-term liabilities 1,306 1,023
TOTAL LIABILITIES 22,786 26,848
STOCKHOLDERS' EQUITY    
Preferred stock 0 0
Common stock 17 15
Additional paid-in capital 933,557 813,627
Accumulated deficit (687,593) (624,784)
Accumulated other comprehensive income 150 591
TOTAL STOCKHOLDERS' EQUITY 246,131 189,449
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 268,917 $ 216,297