v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 138,343 $ 71,793
Restricted cash and cash equivalents 100 100
Prepaid expenses and other current assets 4,062 3,318
Total current assets 142,505 75,211
Operating lease right-of-use assets 710 963
Goodwill 1,914 1,914
Deposits and other assets 253 257
Total assets 145,382 78,345
Current liabilities:    
Accounts payable 3,086 2,948
Accrued expenses and other current liabilities 3,903 3,525
Operating lease liabilities 580 544
Total current liabilities 7,569 7,017
Operating lease liabilities, non-current 157 457
Total liabilities 7,726 7,474
Commitments and contingencies (Note 5)
Stockholders’ equity:    
Common stock, $0.0001 par value; 350,000,000 shares authorized, 201,918,874 and 153,103,459 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 20 15
Additional paid-in capital 430,636 345,844
Accumulated deficit (293,000) (274,988)
Total stockholders’ equity 137,656 70,871
Total liabilities and stockholders’ equity $ 145,382 $ 78,345