v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 14,626 $ 12,388
Short-term investments 81,243 91,018
Prepaid expenses and other current assets 2,963 2,557
Total current assets 98,832 105,963
Property and equipment, net 3,635 3,457
Operating lease right-of-use assets 26,631 27,773
Long-term investments 47,505 52,739
Other long-term assets 1,176 1,180
Total assets 177,779 191,112
Current liabilities:    
Accounts payable 1,186 943
Accrued expenses and other liabilities 3,305 3,177
Current portion of operating lease liabilities 3,852 3,832
Total current liabilities 8,343 7,952
Operating lease liabilities, net of current portion 25,021 26,187
Total liabilities 33,364 34,139
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 200,000,000 authorized as of March 31, 2026 and December 31, 2025; 0 shares issued and outstanding as of March 31, 2026 and December 31, 2025 0 0
Common stock, $0.0001 par value, 1,000,000,000 shares authorized as of March 31, 2026 and December 31, 2025; 127,070,480 and 126,469,610 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 13 13
Additional paid-in capital 491,210 488,737
Accumulated other comprehensive income (loss) (91) 243
Accumulated deficit (346,717) (332,020)
Total stockholders’ equity 144,415 156,973
Total liabilities and stockholders’ equity $ 177,779 $ 191,112