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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 19,851 $ 20,734
Short-term investments 5,130 10,077
Prepaid expenses and other current assets 345 727
Total current assets 25,326 31,538
Property and equipment, net 44 52
Intangible assets, net 306 322
Operating lease right-of-use assets 124 144
Other non-current assets 17 17
Total assets 25,817 32,073
Current liabilities:    
Accounts payable 4,620 3,219
Accrued expenses 6,518 7,707
Operating lease liabilities, current portion 120 116
Total current liabilities 11,258 11,042
Operating lease liabilities, net of current portion 54 85
Total liabilities 11,312 11,127
Commitments and contingencies (Note 12)
Stockholders' Equity:    
Common stock, $0.001 par value; 150,000,000 shares authorized as of March 31, 2026 and December 31, 2025; 9,381,344 shares issued and outstanding as of March 31, 2026 and December 31, 2025 9 9
Additional paid-in capital 131,749 131,379
Accumulated other comprehensive income 1 8
Accumulated deficit (117,254) (110,450)
Total stockholders' equity 14,505 20,946
Total liabilities and stockholders' equity $ 25,817 $ 32,073