Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Current assets
Cash and cash equivalents	$ 76,548	$ 95,713
Marketable securities	142,917	206,117
Prepaid expenses and other current assets	9,200	9,161
Total current assets	228,665	310,991
Property and equipment, net	249	457
Other assets	3,048	3,136
Operating lease right-of-use assets, net	320	634
Total assets	232,282	315,218
Current liabilities
Accounts payable	10,058	12,945
Accrued expenses and other current liabilities	17,642	25,996
Current portion of operating lease liabilities	424	843
Total current liabilities	28,124	39,784
Commitments and contingencies (see Note 11)
Stockholders’ equity:
Preferred stock, $0.001 par value per share; 10,000,000 shares authorized; no shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively
Common stock, $0.001 par value; 300,000,000 shares authorized; 80,204,699 and 78,126,796 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively	80	78
Additional paid-in capital	805,116	797,751
Accumulated other comprehensive (loss) gain	(96)	174
Accumulated deficit	(600,942)	(522,569)
Total stockholders’ equity	204,158	275,434
Total liabilities and stockholders’ equity	$ 232,282	$ 315,218

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount of expenses incurred but not yet paid nor invoiced, and liabilities classified as other.

+ References

No definition available.