v3.26.3
UNAUDITED CONDENSED STATEMENTS OF CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' DEFICIT - USD ($)
$ in Thousands
Total
Common Stock [Member]
Preferred Stock [Member]
Convertible Preferred Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Beginning Balance, Shares at Dec. 31, 2024   2,381,320 13,485,975    
Beginning Balance, Amount at Dec. 31, 2024 $ (72,883) $ 1 $ 172,886 $ 1,590 $ (74,474)
Exercise of stock options, Shares   29,696      
Exercise of stock options, Amount 86     86  
Stock-based compensation expense 485     485  
Net loss (23,722)       (23,722)
Ending Balance, Shares at Jun. 30, 2025   2,411,016 13,485,975    
Ending Balance, Amount at Jun. 30, 2025 (96,034) $ 1 $ 172,886 2,161 (98,196)
Beginning Balance, Shares at Mar. 31, 2025   2,394,437 13,485,975    
Beginning Balance, Amount at Mar. 31, 2025 (83,091) $ 1 $ 172,886 1,860 (84,952)
Exercise of stock options, Shares   16,579      
Exercise of stock options, Amount 47     47  
Stock-based compensation expense 254     254  
Net loss (13,244)       (13,244)
Ending Balance, Shares at Jun. 30, 2025   2,411,016 13,485,975    
Ending Balance, Amount at Jun. 30, 2025 (96,034) $ 1 $ 172,886 2,161 (98,196)
Beginning Balance, Shares at Dec. 31, 2025   2,548,659 18,258,960    
Beginning Balance, Amount at Dec. 31, 2025 $ (131,728) $ 1 $ 256,823 3,300 (135,029)
Exercise of stock options, Shares 219,189 202,858      
Exercise of stock options, Amount $ 740     740  
Vesting of restricted common stock, Shares   16,331      
Vesting of restricted common stock, Amount 74     74  
Stock-based compensation expense 900     900  
Net loss (44,766)       (44,766)
Ending Balance, Shares at Jun. 30, 2026   2,767,848 18,258,960    
Ending Balance, Amount at Jun. 30, 2026 (174,780) $ 1 $ 256,823 5,014 (179,795)
Beginning Balance, Shares at Mar. 31, 2026   2,644,326 18,258,960    
Beginning Balance, Amount at Mar. 31, 2026 (152,120) $ 1 $ 256,823 3,916 (156,037)
Exercise of stock options, Shares   107,191      
Exercise of stock options, Amount 447     447  
Vesting of restricted common stock, Shares   16,331      
Vesting of restricted common stock, Amount 74     74  
Stock-based compensation expense 577     577  
Net loss (23,758)       (23,758)
Ending Balance, Shares at Jun. 30, 2026   2,767,848 18,258,960    
Ending Balance, Amount at Jun. 30, 2026 $ (174,780) $ 1 $ 256,823 $ 5,014 $ (179,795)