v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Jun. 30, 2025
Current assets:      
Cash and cash equivalents $ 5,541 $ 6,638  
Restricted cash 254 166  
Marketable securities 64,137 69,491  
Prepaid expenses and other current assets 1,673 3,038  
Assets held for sale   112,096 $ 0
Total current assets 71,605 191,429  
Property, plant and equipment, net 111,778 126  
Operating lease right-of-use assets 2,149 238  
Accrued rent receivable 8,271 7,664  
Other long-term assets 3,909 4,066  
Total assets 197,712 203,523  
Current liabilities:      
Accounts payable 795 779  
Accrued expenses and other current liabilities 2,510 4,064  
Total current liabilities 3,305 4,843  
Operating lease liabilities, non-current 1,835 0  
Loan payable 85,192 84,806  
Other long-term liabilities 0 8  
Total liabilities 90,332 89,657  
Commitments and contingencies (Note 9)  
Stockholders’ equity:      
Preferred stock, par value $0.000001 per share; 10,000,000 shares authorized; zero shares issued and outstanding as of June 30, 2026, and December 31, 2025 0 0  
Common stock, par value $0.000001 per share; 300,000,000 shares authorized; 6,781,976 shares issued and outstanding as of June 30, 2026, and December 31, 2025 0 0  
Additional paid-in capital 842,958 840,937  
Accumulated other comprehensive loss (587) (583)  
Accumulated deficit (734,991) (726,488)  
Total stockholders’ equity 107,380 113,866 $ 131,670
Total liabilities and stockholders’ equity $ 197,712 $ 203,523