XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 39,334 $ 25,009
Grant receivables 1,900 2,686
Prepaid expenses and other current assets 1,160 1,860
Restricted cash equivalents 489  
Total current assets 42,883 29,555
Property and equipment, net 159 181
Right-of-use assets, operating leases 353 498
Total assets 43,395 30,234
Current liabilities:    
Accounts payable 827 1,984
Accrued expenses 3,923 7,620
Deferred grant income, current 1,736 1,066
Operating lease liabilities, current 168 193
Other current liabilities   279
Total current liabilities 6,654 11,142
Operating lease liabilities, non-current 212 342
Total liabilities 6,866 11,484
Commitments and contingencies (Note 6)
Stockholders' equity:    
Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding at September 30, 2025 and December 31, 2024
Common stock, $0.001 par value, 250,000,000 shares authorized; 88,268,078 and 59,854,877 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 88 60
Additional paid-in capital 231,745 193,850
Accumulated deficit (195,304) (175,160)
Total stockholders' equity 36,529 18,750
Total liabilities and stockholders' equity $ 43,395 $ 30,234