CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
Current Assets:
Cash and cash equivalents	$ 28,209	$ 19,926
Investment in marketable securities	22,063	41,590
Prepaid and other current assets	4,641	2,921
Total Current Assets	54,913	64,437
Non-current Assets:
Property and equipment, net	107	113
Operating lease right-of-use assets	62	93
Non-current prepaid expenses and other assets	1,341	2,262
Total Non-current Assets	1,510	2,468
Total Assets	56,423	66,905
Current Liabilities:
Trade payables	3,534	2,707
Accrued expenses	6,858	9,272
Employee related obligations	523	1,428
Operating lease liabilities	63	99
Other current liabilities	1,313	1,313
Total Current Liabilities	12,291	14,819
Total Liabilities	12,291	14,819
Commitments and Contingencies
Stockholders' Equity:
Preferred stock: $0.0001 par value; 20,000,000 shares authorized at March 31, 2025 and December 31, 2024; no shares issued and outstanding at March 31, 2025 and December 31, 2024	0	0
Common stock: $0.0001 par value; 150,000,000 shares authorized at March 31, 2025 and December 31, 2024; 15,959,488 and 14,830,013 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively	2	1
Additional paid-in capital	783,911	783,235
Accumulated other comprehensive income	0	20
Accumulated deficit	(739,781)	(731,170)
Total Stockholders' Equity	44,132	52,086
Total Liabilities and Stockholders’ Equity	$ 56,423	$ 66,905

Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).