v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 49,642 $ 61,853
Short-term investments 70,070 55,261
Prepaid expenses and other current assets 5,056 3,655
Total current assets 124,768 120,769
Property and equipment, net 34,482 50,026
Operating lease right-of-use assets 13,513 16,139
Restricted cash 2,359 2,359
Long-term investments 77,477  
Intangible assets 34,200 34,200
Security deposits and non-current assets 207 211
Total assets 287,006 223,704
Current liabilities    
Accounts payable 4,823 4,773
Accrued expenses and other liabilities 10,245 11,676
Contingent consideration liability, short-term   3,757
Deposit liability   20
Total current liabilities 15,068 20,226
Operating lease liability, long term 34,626 40,241
Other long term liabilities 666  
Deferred tax liability 4,301 4,301
Total liabilities 54,661 64,768
Stockholders' equity:    
Common stock, $0.0001 par value, 300,000,000 shares authorized; 180,547,456 and 87,519,096 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 18 9
Additional paid-in capital 1,081,133 950,814
Accumulated deficit (848,112) (791,917)
Accumulated other comprehensive income (694) 30
Total stockholders' equity 232,345 158,936
Total liabilities and stockholders' equity $ 287,006 $ 223,704