v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 15,042 $ 20,065
Short-term investments, at amortized cost 90,648 82,979
Accounts receivable, net 3,922 3,503
Inventory, net 7,798 7,547
Prepaid expenses and other current assets 3,664 4,275
Assets held for sale 200  
Total current assets 121,274 118,369
Investments, non-current, at amortized cost 36,233 52,570
Property and equipment, net 14,897 17,531
Right-of-use asset - operating leases 10,472 10,920
Intangible assets, net 766 650
Other assets 1,030 2,467
Total assets 184,672 202,507
Current liabilities:    
Accounts payable 1,734 1,401
Accrued expenses and other 4,170 7,812
Operating lease liability, current 1,528 1,456
Deferred revenue, current portion 2,463 3,598
Total current liabilities 9,895 14,267
Operating lease liability, net of current portion 15,723 16,487
Other liabilities 302 263
Total liabilities 25,920 31,017
Commitments and contingencies (Note 7)
Stockholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized and no shares issued and outstanding at June 30, 2026 and December 31, 2025
Common stock, $0.01 par value; 400,000,000 shares authorized, 107,447,077 and 106,789,618 shares issued, and 106,134,011 and 106,789,618 outstanding at June 30, 2026 and December 31, 2025, respectively 1,074 1,068
Additional paid-in capital 434,263 431,905
Treasury stock, 1,313,066 shares, at cost (1,478)  
Accumulated deficit (275,107) (261,483)
Total stockholders' equity 158,752 171,490
Total liabilities and stockholders' equity $ 184,672 $ 202,507