CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2025	Dec. 31, 2024
CURRENT ASSETS
Cash and cash equivalents	$ 19,510,383	$ 11,286,996
Marketable securities	79,055,588	140,228,881
Receivables	59,167	10,368,489
Prepaid expenses and other current assets	2,326,543	1,500,901
TOTAL CURRENT ASSETS	100,951,681	163,385,267
PROPERTY AND EQUIPMENT, net	11,068,078	5,561,597
OTHER ASSETS
Lease right-of-use assets, net	13,929,710	1,312,522
Other assets	488,738	221,700
TOTAL ASSETS	126,438,207	170,481,086
CURRENT LIABILITIES
Accounts payable	2,719,416	3,283,712
Accrued expenses	9,932,488	4,907,665
Lease liabilities, current	120,094	834,799
CIRM liability, current	3,376,259	0
Deferred revenue, current	12,000,000	12,000,000
TOTAL CURRENT LIABILITIES	28,148,257	21,026,176
LONG-TERM LIABILITIES
CIRM liability, net of current	0	3,376,259
Lease liabilities, net of current	14,422,695	616,315
TOTAL LONG-TERM LIABILITIES	14,422,695	3,992,574
TOTAL LIABILITIES	42,570,952	25,018,750
COMMITMENTS AND CONTINGENCIES (NOTE 6)
STOCKHOLDERS' EQUITY
Preferred stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding
Common stock, $0.001 par value, 100,000,000 shares authorized, 45,716,975 and 45,582,288 shares issued and outstanding, respectively	45,717	45,582
Additional paid-in capital	357,684,987	344,224,338
Accumulated other comprehensive income	844,122	1,026,955
Accumulated deficit	(274,707,571)	(199,834,539)
TOTAL STOCKHOLDERS' EQUITY	83,867,255	145,462,336
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 126,438,207	$ 170,481,086

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).