v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 10,467 $ 12,388
Short-term investments 76,109 91,018
Prepaid expenses and other current assets 3,661 2,557
Total current assets 90,237 105,963
Property and equipment, net 5,268 3,457
Operating lease right-of-use assets 24,592 27,773
Long-term investments 27,767 52,739
Other long-term assets 1,060 1,180
Total assets 148,924 191,112
Current liabilities:    
Accounts payable 1,265 943
Accrued expenses and other liabilities 4,359 3,177
Current portion of operating lease liabilities 4,134 3,832
Total current liabilities 9,758 7,952
Operating lease liabilities, net of current portion 22,607 26,187
Total liabilities 32,365 34,139
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 200,000,000 authorized as of September 30, 2026 and December 31, 2025; 0 shares issued and outstanding as of September 30, 2026 and December 31, 2025 0 0
Common stock, $0.0001 par value, 1,000,000,000 shares authorized as of September 30, 2026 and December 31, 2025; 127,328,617 and 126,469,610 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively 13 13
Additional paid-in capital 493,940 488,737
Accumulated other comprehensive income (loss) (572) 243
Accumulated deficit (376,822) (332,020)
Total stockholders’ equity 116,559 156,973
Total liabilities and stockholders’ equity $ 148,924 $ 191,112