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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash $ 18,571 $ 58,514
Prepaid expenses and other current assets 5,769 3,168
Total current assets 24,340 61,682
Property and equipment, net 14,392 16,554
Restricted cash 316 307
Other assets 4,468 3,899
Total assets 43,516 82,442
Current liabilities    
Accounts payable 6,202 4,243
Accrued expenses and other current liabilities 14,733 15,500
Operating lease obligations 858 519
Current portion of long term debt 1,250 1,326
Total current liabilities 23,043 21,588
Non-current liabilities    
Operating lease obligations, less current portion 3,494 3,313
Long term debt, net 27,542 27,345
Other non-current liabilities 1,603 564
Total non-current liabilities 32,639 31,222
Total liabilities 55,682 52,810
Commitments and contingencies (Note 16)
Stockholders' equity    
Series B Convertible Preferred Stock; zero shares issued and outstanding at December 31, 2025 and 2024 0 0
Common stock; $0.01 par value; 390,000,000 shares authorized; 312,501,472 and 291,489,058 shares issued, and 312,379,972 and 291,367,558 shares outstanding at December 31, 2025 and 2024, respectively 3,125 2,915
Treasury stock, at cost, 121,500 shares at December 31, 2025 and 2024 (48) (48)
Additional paid-in capital 392,763 366,938
Accumulated other comprehensive income 61 48
Accumulated deficit (408,067) (340,221)
Total stockholders' equity (12,166) 29,632
Total liabilities and stockholders' equity $ 43,516 $ 82,442