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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (6,050) $ (5,332)
Adjustments to reconcile loss to net cash used in operating activities:    
Cost of share-based payments 1,850 1,368
Changes in operating assets and liabilities:    
Increase in other current assets (193) (210)
(Decrease)/increase in accounts payable (1,579) 494
(Decrease)/increase in accrued liabilities (79) 25
Increase in employee compensation and benefits (460) (519)
Net cash used in operating activities (6,511) (4,174)
CASH FLOWS FROM INVESTING ACTIVITIES    
Net cash provided by (used in) investing activities 0 0
CASH FLOWS FROM FINANCING ACTIVITIES    
Net cash provided by financing activities 7 15,505
(DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS (6,504) 11,331
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 31,634 18,533
CASH AND CASH EQUIVALENTS AT END OF PERIOD 25,130 29,864
Supplemental noncash disclosure of investing and financing activities:    
Unpaid issuance costs related to public offering   300
At-the-Market    
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common shares $ 7 1,273
Issuance costs   (41)
Public offering    
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common shares   15,525
Issuance costs   $ (1,252)