Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 422,834	$ 319,767
Restricted cash		449
Prepaid expenses and other current assets	3,221	4,431
Total current assets	426,055	324,647
Restricted cash	165	2,315
Property, plant and equipment, net	2,526	6,736
Operating lease right-of-use assets	6,236	9,439
Other non-current assets	48	183
Total assets	435,030	343,320
Current liabilities
Accounts payable	5,592	6,275
Accrued expenses and other current liabilities	17,358	20,277
Total current liabilities	22,950	26,552
Term loan, net	47,331	50,106
Operating lease liability, net of current portion	6,104	18,172
Other non-current liabilities	1,673	1,552
Total liabilities	78,058	96,382
Commitments and contingencies - Note 13
Stockholders' equity
Preferred stock, $0.00001 par value per share; 10,000,000 shares authorized and no shares issued and outstanding as of September 30, 2026 and December 31, 2025
Common stock, $0.00001 par value per share; 700,000,000 shares authorized and 325,883,880 and 285,051,648 issued and outstanding as of September 30, 2026 and December 31, 2025, respectively	3	3
Additional paid-in capital	1,194,098	958,427
Accumulated other comprehensive income (loss)	2,348	(192)
Accumulated deficit	(839,477)	(711,300)
Total stockholders' equity	356,972	246,938
Total liabilities and stockholders' equity	$ 435,030	$ 343,320