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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net loss $ (55,348) $ (34,200)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 313 391
Amortization of intangible assets 499 500
Stock-based compensation 16,487 6,793
Non-cash lease expense 847 668
Changes in operating assets and liabilities:    
Accounts receivable (15) 0
Inventory (57) 0
Prepaid expenses and other current assets (538) (394)
Other receivables (14) 7
Other long-term assets (28) 0
Accounts payable 1,318 (194)
Accrued expenses (1,823) 7
Lease liabilities (1,008) (777)
Net cash used in operating activities (39,367) (27,199)
Cash flows from investing activities:    
Purchases of property and equipment (210) (72)
Purchases of intangible assets (20) 0
Net cash used in investing activities (230) (72)
Cash flows from financing activities:    
Proceeds from issuance of common stock under employee stock purchase plan 593 478
Proceeds from issuance of common stock and warrants in relation to rights offering, net of issuance costs 0 59,649
Proceeds from exercises of warrants, net of issuance costs 14,080 1,536
Proceeds from exercises of stock options 2,100 498
Issuance costs in relation to at-the-market equity offering 0 (222)
Net cash provided by financing activities 16,773 61,939
Net (decrease) increase in cash and cash equivalents (22,824) 34,668
Cash and cash equivalents at beginning of period 118,038 44,365
Cash and cash equivalents at end of period 95,214 79,033
Supplemental disclosure of noncash investing and financing activities:    
Equipment purchases included in accounts payable and accrued expenses 24 13
Issuance costs in accounts payable and accrued expenses 1 72
Other receivable from exercises of warrants 0 30
Rights offering deemed pro-rata distribution to shareholders $ 0 $ 47,700