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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 61,274 $ 74,603
Marketable securities, current 174,397 173,934
Accounts receivable 2,883 2,401
Prepaid expenses and other current assets 6,817 7,172
Total current assets 245,371 258,110
Marketable securities, non-current 32,600 48,563
Property and equipment, net 4,492 4,744
Right-of-use asset 39,090 40,532
Restricted cash 3,443 3,443
Other assets 3,865 3,683
Total assets 328,861 359,075
Current liabilities:    
Accounts payable 773 858
Accrued expenses and other current liabilities 9,830 13,314
Deferred revenue, current 10,124 12,493
Operating lease liability, current 6,522 6,367
Total current liabilities 27,249 33,032
Deferred revenue, net of current 15,440 15,841
Operating lease liability, net of current 51,925 53,615
Total liabilities 94,614 102,488
Commitments and contingencies (see Note 12)
Stockholders’ equity:    
Preferred stock, par value of $0.0001 per share; 10,000,000 shares authorized, and no shares issued or outstanding as of March 31, 2026 and December 31, 2025, respectively 0 0
Common stock, par value of $0.0001 per share; 300,000,000 shares authorized as of March 31, 2026, and December 31, 2025, respectively, and 104,036,350 and 96,914,418 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 10 9
Additional paid-in capital 998,381 995,221
Accumulated other comprehensive income (322) 50
Accumulated deficit (763,822) (738,693)
Total stockholders’ equity 234,247 256,587
Total liabilities and stockholders’ equity $ 328,861 $ 359,075
Common stock, shares authorized (in shares) 300,000,000 300,000,000