v3.26.3
Segment Information
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s Chief Executive Officer is its CODM. The Company’s CODM uses consolidated net loss in assessing operating decisions, allocating resources and evaluating financial performance. Consolidated net loss is used to monitor budget versus actual results. The Company included a summary of the segment net loss, including significant segment expenses for its single reportable segment:
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)
2026202520262025
Total revenue$234 $— $424 $— 
Cost of service revenue24 — 39 — 
Operating expenses:
Salaries and related benefits7,803 7,141 23,059 24,109 
Professional services and laboratory expenses3,946 2,653 10,462 9,082 
Facilities expenses2,580 2,871 7,747 8,711 
Stock-based compensation expense1,292 1,496 3,812 5,373 
Other segment items (1)
1,326 1,311 3,929 4,138 
Total operating expenses16,947 15,472 49,009 51,413 
Reconciliation to net loss:
Interest income1,173 1,903 3,922 6,214 
Other expense(72)(5)(100)(21)
Net loss$(15,636)$(13,574)$(44,802)$(45,220)
Footnotes:
(1)
Other segment items for the Company’s single reportable segment include travel and entertainment, insurance, tax, expensed computer hardware and software, depreciation, and other miscellaneous expenses.