v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 779 $ 7,707
Prepaid expenses and other current assets 918 562
Total current assets 1,697 8,269
Property and equipment-net 486 605
Operating lease right-of-use assets 6,949 7,540
Other noncurrent assets 501 517
Total assets 9,633 16,931
Current liabilities:    
Accounts payable 1,995 1,038
Accrued expenses 715 937
Current operating lease liabilities 1,287 1,192
Accrued compensation 453 147
Total current liabilities 4,450 3,314
Operating lease liabilities, less current portion 6,273 6,949
Total liabilities 10,723 10,263
Commitments and contingencies (Note 5)
Stockholders' equity:    
Common stock, $0.001 par value; 100,000,000 shares authorized; 15,979,404 and 4,927,161 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 16 5
Additional paid-in capital 274,210 240,031
Accumulated deficit (275,316) (233,368)
Total stockholders’ equity (1,090) 6,668
Total liabilities and stockholders’ equity $ 9,633 $ 16,931