v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 9,797 $ 21,619
Prepaid expenses and other current assets 1,001 1,462
Total current assets 10,798 23,081
Property and equipment, net 236 303
Operating lease right-of-use asset 3,484 3,810
Total assets 14,519 27,194
Current liabilities:    
Accounts payable 1,162 877
Accrued expenses and other current liabilities 3,107 4,307
Operating lease liability, current portion 919 866
Total current liabilities 5,188 6,050
Operating lease liability, current portion 3,290 3,763
Total liabilities 8,478 9,813
Stockholders' equity:    
Preferred stock: $0.001 par value; 15,000,000 shares authorized, zero shares issued or outstanding
Common stock: $0.001 par value; 500,000,000 shares authorized; 1,418,952 and 997,830 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 114 114
Additional paid-in capital 294,191 292,382
Accumulated deficit (288,264) (275,115)
Total stockholders' equity 6,041 17,381
Total liabilities and stockholders' equity $ 14,519 $ 27,194