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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 25,402 $ 24,570
Short-term marketable securities 74,404 89,024
Accounts receivable, net 194 318
Prepaid expenses and other current assets 4,202 12,039
Total current assets 104,202 125,951
Marketable securities 81,084 90,302
Property and equipment, net 868 1,008
Other assets 2,993 3,066
Total assets 189,147 220,327
Current liabilities:    
Accounts payable 8,797 4,690
Accrued expenses 11,411 20,333
Deferred income 3,914 3,890
Other current liabilities 2,717 2,683
Total current liabilities 26,839 31,596
Other liabilities 1,851 4,439
Deferred income, net of current portion 18,218 20,038
Contingent consideration 10,500 8,700
Total liabilities 57,408 64,773
Stockholders' Equity:    
Preferred stock, $0.00001 par value; 10,000,000 shares authorized and no shares issued or outstanding at June 30, 2025 and December 31, 2024
Common stock, $0.00001 par value; 400,000,000 and 200,000,000 shares authorized at June 30, 2025 and December 31, 2024, respectively; 108,328,794 and 107,850,124 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 1 1
Additional paid-in capital 1,064,631 1,058,317
Accumulated other comprehensive income 482 97
Accumulated deficit (933,375) (902,861)
Total stockholders' equity 131,739 155,554
Total liabilities and stockholders' equity $ 189,147 $ 220,327