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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues $ 1,515 $ 0 $ 2,004 $ 0
Cost of revenues 1,384 0 1,861 0
Gross profit 131 0 143 0
Operating expenses        
Research and development 10,137 8,311 22,367 16,279
Selling, general and administrative 5,963 6,262 12,044 12,854
Exit and termination costs (benefits) (346) (556) 1,077 3,875
Total operating expenses 15,754 14,017 35,488 33,008
Loss from operations (15,623) (14,017) (35,345) (33,008)
Interest income 2,209 3,129 4,677 6,525
Gain on disposal of assets 0 0 0 3
Other income, net 0 32 0 32
Net loss $ (13,414) $ (10,856) $ (30,668) $ (26,448)
Net loss per share, basic (in USD per share) $ (0.08) $ (0.06) $ (0.18) $ (0.15)
Net loss per share, diluted (in USD per share) $ (0.08) $ (0.06) $ (0.18) $ (0.15)
Weighted-average shares outstanding, basic (in shares) 175,308,965 173,829,107 174,829,257 176,156,001
Weighted-average shares outstanding, diluted (in shares) 175,308,965 173,829,107 174,829,257 176,156,001
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Research and development services   Research and development services Research and development services
Government Contract        
Operating expenses        
Revenue from Contract with Customer, Product and Service [Extensible Enumeration]   Research and development services    
Research and development services        
Cost of revenues $ 1,384 $ 0 $ 1,861 $ 0