XML 25 R2.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 59,515 $ 31,693
Marketable securities 84,726 119,401
Prepaid expenses and other current assets 5,498 9,529
Total current assets 149,739 160,623
Restricted cash and deposits 768 768
Right of use assets - operating lease 15,828 17,379
Other long-term assets 471 518
Property and equipment, net 2,624 3,215
Total Assets 169,430 182,503
Current liabilities:    
Accounts payable 1,549 2,304
Short-term operating lease liability 3,243 3,149
Accrued expenses and other current liabilities 13,591 9,460
Total current liabilities 18,383 14,913
Long-term operating lease liability 14,134 15,620
Total Liabilities 32,517 30,533
Commitments and Contingencies (Note 12)
Stockholders' Equity:    
Common stock, $0.00001 par value, 150,000,000 authorized at December 31, 2025 and December 31, 2024, and 63,587,777 and 49,998,279 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively
Additional paid-in capital 617,433 525,934
Accumulated deficit (480,418) (374,227)
Accumulated other comprehensive income (loss) (102) 263
Total Stockholders' Equity 136,913 151,970
Total Liabilities and Stockholders' Equity $ 169,430 $ 182,503