CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 50,751	$ 48,297
Prepaid expenses and other current assets	6,451	6,753
Total current assets	57,202	55,050
Property and equipment, net	889	979
Right-of-use asset, operating leases	4,937	5,100
Restricted cash and restricted cash equivalents	647	647
Total assets	63,675	61,776
Current liabilities:
Accounts payable	653	879
Accrued expenses and other current liabilities	3,777	4,232
Venture debt, current portion	6,239	6,235
Total current liabilities	10,669	11,346
Lease liability, net of current portion	4,754	4,943
Venture debt, net of current portion	1,939	3,473
Total liabilities	17,362	19,762
Commitments and contingencies (Note 10)
Stockholders' equity:
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, no shares issued and outstanding at March 31, 2026 and December 31, 2025	0	0
Common stock, $0.0001 par value; 400,000,000 shares authorized, 14,629,463 and 12,858,047 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively	2	2
Additional paid-in capital	258,913	247,005
Accumulated deficit	(212,602)	(204,993)
Total stockholders' equity	46,313	42,014
Total liabilities and stockholders' equity	$ 63,675	$ 61,776