CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 25,846	$ 21,081
Short-term investments	58,930	92,006
Prepaid expenses and other current assets	8,550	7,278
Restricted Cash	311	311
Total current assets	93,637	120,676
Property and equipment, net	608	784
Right-of-use assets	410	562
Prepaid expenses, net of current portion	509	1,160
Total assets	95,164	123,182
Current liabilities:
Accounts payable	3,670	2,530
Accrued expenses	12,742	15,953
Operating lease liabilities	669	913
Current portion of long-term debt	25,700	14,502
Total current liabilities	42,781	33,898
Long term debt, net	20,585	31,458
Total liabilities	63,366	65,356
Commitments and contingencies (Note 7)
Stockholders’ equity:
Preferred Stock, $0.0001 par value - 5,000,000 shares authorized at March 31, 2025 and December 31, 2024; no shares issued and outstanding at March 31, 2025 or December 31, 2024	0	0
Common Stock, $0.0001 par value - 200,000,000 shares authorized at March 31, 2025 and December 31, 2024; 64,470,243 shares issued and outstanding at March 31, 2025 and 64,240,198 shares issued and outstanding at December 31, 2024	6	6
Additional paid in-capital	447,790	445,705
Accumulated other comprehensive (loss) income	(5)	69
Accumulated deficit	(415,993)	(387,954)
Total stockholders’ equity	31,798	57,826
Total liabilities and stockholders’ equity	$ 95,164	$ 123,182