XML 22 R3.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 17,909 $ 77,605
Prepaid expenses and other assets 5,916 2,866
Total current assets 23,825 80,471
Property and equipment, net 4,385 6,764
Right of use assets – operating leases 2,040 2,173
Deferred financing costs 208 146
Total assets 30,458 89,554
Current liabilities:    
Accounts payable 2,081 3,933
Accrued expenses 7,448 7,662
Deferred revenue 3,729 1,413
Operating lease liabilities 832 1,391
Finance lease liabilities 905 544
Other current liabilities 1,060 965
Total current liabilities 16,055 15,908
Deferred revenue 41,250 45,000
Operating lease liabilities 724 860
Finance lease liabilities 20 328
Other long-term liabilities 318 926
Total liabilities 58,367 63,022
Commitments and contingencies (Note 8)
Stockholders’ (deficit) equity:    
Preferred stock $0.001 par value, 5,000,000 shares authorized, none issued or outstanding 0 0
Common stock $0.001 par value, 350,000,000 shares authorized, 41,750,109 and 40,609,915 shares issued and outstanding at December 31, 2024 and 2023, respectively 41 40
Additional paid-in capital 277,629 271,594
Accumulated deficit (305,579) (245,102)
Total stockholders’ (deficit) equity (27,909) 26,532
Total liabilities and stockholders’ (deficit) equity $ 30,458 $ 89,554