v3.26.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Partner program revenue $ 318 $ 593 $ 533 $ 1,772
Operating expenses        
Research and development 22,616 20,458 41,891 36,822
Selling, general and administrative 9,164 8,528 18,222 18,000
Depreciation and amortization 2,696 3,000 5,424 6,072
Total operating expenses 34,476 31,986 65,537 60,894
Operating loss (34,158) (31,393) (65,004) (59,122)
Other income (expense)        
Interest expense (2) (56) (20) (135)
Other income, net 990 1,011 2,273 2,469
Total other income, net 988 955 2,253 2,334
Loss before income taxes (33,170) (30,438) (62,751) (56,788)
Income tax expense (40) (131) (58) (127)
Net loss $ (33,210) $ (30,569) $ (62,809) $ (56,915)
Net loss per share: basic (in usd per share) $ (0.21) $ (0.24) $ (0.40) $ (0.45)
Net loss per share: diluted (in usd per share) $ (0.21) $ (0.24) $ (0.40) $ (0.45)
Weighted-average common shares outstanding: basic (in shares) 157,471,712 127,592,948 155,217,585 126,035,844
Weighted-average common shares outstanding: diluted (in shares) 157,471,712 127,592,948 155,217,585 126,035,844
Comprehensive loss:        
Net loss $ (33,210) $ (30,569) $ (62,809) $ (56,915)
Foreign currency translation adjustments (52) 324 (117) 401
Unrealized loss on marketable securities (102) (32) (324) (86)
Comprehensive loss $ (33,364) $ (30,277) $ (63,250) $ (56,600)
Revenue from Contract with Customer, Product and Service [Extensible Enumeration]     License and Service [Member]