v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 57,164 $ 30,277
Prepaid expenses and other current assets 812 761
Total current assets 57,976 31,038
Operating lease right-of-use assets 475 658
Property and equipment, net 188 164
Other assets 27 27
Total assets 58,666 31,887
Current liabilities:    
Accounts payable 850 755
Accrued expenses 1,216 1,816
Current portion of operating lease liabilities 412 363
Total current liabilities 2,478 2,934
Long-term operating lease liabilities 172 356
Total liabilities 2,650 3,290
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.0001 par value; 400,000,000 and 200,000,000 shares authorized as of June 30, 2026 and December 31, 2025, respectively; 63,408,082 and 61,464,368 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 5 5
Additional paid-in capital 281,839 244,434
Accumulated other comprehensive income 381 363
Accumulated deficit (226,209) (216,205)
Total stockholders' equity 56,016 28,597
Total liabilities and stockholders' equity $ 58,666 $ 31,887