Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of income tax expense computed at the statutory federal income tax rate to income taxes reflected in the consolidated financial statements is as follows (amounts in thousands):

	Year Ended December 31,
	2025						2024
	Amount			Rate			Amount			Rate
Income tax computed at federal statutory tax rate	$	(6,070	)		21.0	%	$	(19,614	)		21.0	%
Tax credits:
Research credits		—			—	%		(2,647	)		2.8	%
Nontaxable nondeductible items:
Stock compensation		2,722			(9.4	)%		202			(0.2	)%
162 (m) compensation limit		(2,349	)		8.1	%		946			(1.0	)%
Other		69			(0.2	)%		72			(0.1	)%
Other adjustments		—			—	%		862			(0.9	)%
Changes in valuation allowances		5,631			(19.5	)%		19,171			(20.5	)%
Domestic state and local taxes, net of federal effect		8			—	%		1,047			(1.1	)%
Total	$	11			—	%	$	39			—	%

Schedule of Deferred Tax Assets and Liabilities

Net deferred tax assets as of December 31, 2025 and 2024 consist of the following (in thousands):

	December 31,
	2025			2024
Deferred tax assets:
Net operating loss carryforwards	$	73,309		$	41,333
Research and development credits		7,975			7,975
Stock-based compensation		1,122			1,062
Operating lease liabilities		7,989			9,184
Capitalized research & experimental expenditures		825			24,975
Deferred revenue		3,132			3,234
Other		467			785
Total gross deferred tax assets		94,819			88,548
Less: valuation allowance		(91,767	)		(84,810	)
Total deferred tax assets		3,052			3,738
Deferred tax liabilities:
Operating lease right-of-use assets		(3,052	)		(3,738	)
Total deferred tax liabilities		(3,052	)		(3,738	)
Net deferred taxes	$	—		$	—