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v3.25.4

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands | Dec. 31, 2025 | Dec. 31, 2024
--- | --- | ---
Deferred tax assets (liabilities): |  |
Net operating loss carryforwards | $ 77,260 | $ 64,646
Research and development tax credits | 16,534 | 15,117
Capitalized research and development | 13,412 | 17,585
Lease liability | 1,301 | 1,548
Other | 3,023 | 2,704
ROU asset | (1,218) | (1,470)
Property and equipment | (8) | (13)
Total deferred tax assets | 110,304 | 100,117
Less: Deferred tax asset valuation allowance | (110,304) | (100,117)
Net deferred tax assets | $ 0 | $ 0

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