v3.26.1
Income Taxes - Summary of Net Deferred Tax Assets (Liabilities) (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Deferred tax assets      
Net operating loss carryforwards $ 49,893 $ 17,753  
Research and development tax credit carryforwards 23,251 18,430  
Lease right-of-use liability 1,794 1,800  
Accrued expenses and other liabilities 885 1,352  
Stock Compensation Expense 2,815 2,192  
IRC 174 capitalized research and development 19,836 27,129  
Other 1,202 662  
Total deferred tax assets 99,676 69,319  
Less: Valuation allowance (98,055) (67,584) $ (40,458)
Net deferred tax assets 1,621 1,735  
Deferred tax liabilities      
Lease right-of-use asset (1,728) (1,734)  
Depreciation 107 (1)  
Total deferred tax liabilities (1,621) (1,735)  
Net deferred tax assets (liabilities) $ 0 $ 0