v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 237,366 $ 87,974
Marketable securities 220,094 97,511
Prepaid expenses and other current assets 6,538 7,066
Total current assets 463,998 192,551
Property and equipment, net 596 609
Operating right-of-use assets 901 1,092
Other non-current assets 2,286 531
Total assets 467,781 194,783
Current liabilities:    
Accounts payable 6,232 5,734
Accrued expenses and other current liabilities 6,252 4,296
Operating lease liabilities 460 647
Total current liabilities 12,944 10,677
Operating lease liabilities, net of current portion 566 573
Total liabilities 13,510 11,250
Commitments and contingencies (Note 8)
Convertible preference shares and convertible preferred stock:    
Preferred Stock Value
Stockholders' deficit:    
Additional Paid in Capital 685,709 4,916
Accumulated other comprehensive (loss) income (2,748) 175
Accumulated deficit (228,695) (181,858)
Total stockholders' equity (deficit) 454,271 (176,635)
Total liabilities, convertible preference shares, convertible preferred stock and stockholders' equity (deficit) 467,781 194,783
Series Seed Convertible Preference Shares And Convertible Preferred Stock [Member]    
Convertible preference shares and convertible preferred stock:    
Preferred Stock Value 5,236
Series A Convertible Preference Shares And Convertible Preferred Stock [Member]    
Convertible preference shares and convertible preferred stock:    
Preferred Stock Value 63,536
Series B Convertible Preference Shares And Convertible Preferred Stock [Member]    
Convertible preference shares and convertible preferred stock:    
Preferred Stock Value 134,975
Series C Convertible Preference Shares And Convertible Preferred Stock [Member]    
Convertible preference shares and convertible preferred stock:    
Preferred Stock Value 156,421
Ordinary Shares [Member]    
Stockholders' deficit:    
Stockholders' deficit: 0 132
Common Stock [Member]    
Stockholders' deficit:    
Stockholders' deficit: $ 5 $ 0