v3.26.1
Condensed Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Total
Redeemable Convertible Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Stockholders' equity, Beginning balance at Dec. 31, 2024 $ (106,036)   $ 8 $ 5,247 $ (111,291)
Shares outstanding, Beginning balance at Dec. 31, 2024     776,701    
Temporary equity, Beginning balance at Dec. 31, 2024   $ 114,826      
Temporary equity, Beginning balance, Shares at Dec. 31, 2024   40,892,855      
Net loss (10,653)       (10,653)
Issuance of Series F redeemable convertible preferred stock, net of tranche liability of $626 and issuance costs of $264   $ 28,985      
Issuance of Series F redeemable convertible preferred stock, net of tranche liability of $626 and issuance costs of $264, Shares   11,351,970      
Related Party Issuance of Series F redeemable convertible preferred stock, net of tranche liability of $55 and issuance costs of $23   $ 2,547      
Related Party Issuance of Series F redeemable convertible preferred stock, net of tranche liability of $55 and issuance costs of $23, Shares   997,453      
Exercise of common stock options 211   $ 1 210  
Exercise of common stock options, Shares     65,105    
Share-based compensation 201     201  
Stockholders' equity, Ending balance at Mar. 31, 2025 (116,277)   $ 9 5,658 (121,944)
Shares outstanding, Ending balance at Mar. 31, 2025     841,806    
Temporary equity, Ending balance at Mar. 31, 2025   $ 146,358      
Temporary Equity, Ending balance, shares at Mar. 31, 2025   53,242,278      
Stockholders' equity, Beginning balance at Dec. 31, 2024 (106,036)   $ 8 5,247 (111,291)
Shares outstanding, Beginning balance at Dec. 31, 2024     776,701    
Temporary equity, Beginning balance at Dec. 31, 2024   $ 114,826      
Temporary equity, Beginning balance, Shares at Dec. 31, 2024   40,892,855      
Net loss (21,143)        
Stockholders' equity, Ending balance at Jun. 30, 2025 (126,352)   $ 9 6,073 (132,434)
Shares outstanding, Ending balance at Jun. 30, 2025     845,013    
Temporary equity, Ending balance at Jun. 30, 2025   $ 146,358      
Temporary Equity, Ending balance, shares at Jun. 30, 2025   53,242,278      
Stockholders' equity, Beginning balance at Mar. 31, 2025 (116,277)   $ 9 5,658 (121,944)
Shares outstanding, Beginning balance at Mar. 31, 2025     841,806    
Temporary equity, Beginning balance at Mar. 31, 2025   $ 146,358      
Temporary equity, Beginning balance, Shares at Mar. 31, 2025   53,242,278      
Net loss (10,490)       (10,490)
Exercise of common stock options 11     11  
Exercise of common stock options, Shares     3,207    
Share-based compensation 404     404  
Stockholders' equity, Ending balance at Jun. 30, 2025 (126,352)   $ 9 6,073 (132,434)
Shares outstanding, Ending balance at Jun. 30, 2025     845,013    
Temporary equity, Ending balance at Jun. 30, 2025   $ 146,358      
Temporary Equity, Ending balance, shares at Jun. 30, 2025   53,242,278      
Stockholders' equity, Beginning balance at Dec. 31, 2025 (150,773)   $ 9 7,007 (157,789)
Shares outstanding, Beginning balance at Dec. 31, 2025     884,030    
Temporary equity, Beginning balance at Dec. 31, 2025 179,773 $ 179,773      
Temporary equity, Beginning balance, Shares at Dec. 31, 2025   65,591,701      
Net loss (17,740)       (17,740)
Exercise of common stock options 358   $ 1 357  
Exercise of common stock options, Shares     119,226    
Share-based compensation 407     407  
Stockholders' equity, Ending balance at Mar. 31, 2026 (167,748)   $ 10 7,771 (175,529)
Shares outstanding, Ending balance at Mar. 31, 2026     1,003,256    
Temporary equity, Ending balance at Mar. 31, 2026   $ 179,773      
Temporary Equity, Ending balance, shares at Mar. 31, 2026   65,591,701      
Stockholders' equity, Beginning balance at Dec. 31, 2025 (150,773)   $ 9 7,007 (157,789)
Shares outstanding, Beginning balance at Dec. 31, 2025     884,030    
Temporary equity, Beginning balance at Dec. 31, 2025 179,773 $ 179,773      
Temporary equity, Beginning balance, Shares at Dec. 31, 2025   65,591,701      
Net loss (38,783)        
Conversion of convertible notes payable to common stock     $ 18,831,853    
Stockholders' equity, Ending balance at Jun. 30, 2026 172,609   $ 333 368,848 (196,572)
Shares outstanding, Ending balance at Jun. 30, 2026     33,286,108    
Temporary Equity, Ending balance, shares at Jun. 30, 2026   0      
Stockholders' equity, Beginning balance at Mar. 31, 2026 (167,748)   $ 10 7,771 (175,529)
Shares outstanding, Beginning balance at Mar. 31, 2026     1,003,256    
Temporary equity, Beginning balance at Mar. 31, 2026   $ 179,773      
Temporary equity, Beginning balance, Shares at Mar. 31, 2026   65,591,701      
Net loss (21,043)       (21,043)
Conversion of redeemable preferred stock to common stock   $ (179,773)      
Conversion of redeemable preferred stock to common stock, Shares   (65,591,701)      
Conversion of redeemable preferred stock to common stock 179,773   $ 188 179,585  
Conversion of redeemable preferred stock to common stock, Shares     18,831,853    
Conversion of convertible notes payable to common stock 44,870   $ 33 44,837  
Conversion of convertible notes payable to common stock, Shares     3,333,324    
Issuance of common stock upon exercise of warrants 968   $ 1 967  
Issuance of common stock upon exercise of warrants, Shares     64,499    
Issuance of common stock upon initial public offering, net of underwriting discounts and commissions of $10,500 and offering costs of $5,499 134,001   $ 100 133,901  
Issuance of common stock upon initial public offering, net of underwriting discounts and commissions of $10,500 and offering costs of $5,499, Shares     10,000,000    
Exercise of common stock options 181   $ 1 180  
Exercise of common stock options, Shares     53,176    
Share-based compensation 1,607     1,607  
Stockholders' equity, Ending balance at Jun. 30, 2026 $ 172,609   $ 333 $ 368,848 $ (196,572)
Shares outstanding, Ending balance at Jun. 30, 2026     33,286,108    
Temporary Equity, Ending balance, shares at Jun. 30, 2026   0