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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities    
Net loss $ (57,188) $ (52,048)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 5,956 3,147
Amortization and accretion of investments, net (1,562) (3,078)
Noncash lease expense 1,963 1,639
Gain on disposal of assets, including assets held for sale (1,221) (2,850)
Share-based compensation 5,478 4,615
Carrying value adjustment to assets held for sale 1,590 6,464
Changes in operating assets and liabilities:    
Accounts receivable 1,434 (1,883)
Prepaid expenses and other assets 2,127 (5,444)
Accounts payable (78) (2,865)
Accrued expenses and other liabilities (2,628) (3,588)
Operating lease liabilities (2,420) (847)
Net cash used in operating activities (46,549) (56,738)
Cash flows from investing activities    
Purchase of property and equipment (23,740) (16,525)
Proceeds from sale of property and equipment 2,234 5,385
Receipt of security deposit 41 0
Purchase of investments (46,442) (96,253)
Proceeds from sale and maturity of investments 128,837 166,886
Net cash provided by investing activities 60,930 59,493
Cash flows from financing activities    
Proceeds from exercise of common stock options 2 67
Taxes paid related to net share settlement of equity awards (672) (412)
Repurchase of treasury stock 0 (13,982)
Net cash used in financing activities (670) (14,327)
Net increase (decrease) in cash and cash equivalents and restricted cash 13,711 (11,572)
Cash and cash equivalents and restricted cash, beginning of period 9,892 21,464
Cash and cash equivalents and restricted cash, end of period $ 23,603 $ 9,892