XML 8 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 12,557 $ 9,994
Marketable securities 16,071 31,341
Prepaid expenses 828 474
Other current assets 116 120
Total current assets 29,572 41,929
Right of use assets - operating leases, net 2,034 2,804
Right of use assets - financing leases, net 10 163
Property and equipment, net 143 417
Other non-current assets 24 48
Total assets 31,783 45,361
Current liabilities:    
Accounts payable and accrued liabilities 1,135 1,248
Compensation and employee benefits liabilities 775 1,882
Operating lease liabilities, current 1,622 1,586
Financing lease liabilities, current 341 732
Total current liabilities 3,873 5,448
Operating lease liabilities, non-current 592 1,429
Financing lease liabilities, non-current 4 98
Total liabilities 4,469 6,975
Commitments and contingencies (Note 6)
Stockholders' equity:    
Preferred stock, $0.0001 par value and 10,000,000 shares authorized as of June 30, 2025 and December 31, 2024; zero shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively
Common stock, $0.0001 par value and 12,500,000 shares authorized as of June 30, 2025 and December 31, 2024; 1,261,290 and 1,258,940 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 0 0
Additional paid-in capital 301,177 300,451
Accumulated deficit (273,852) (262,052)
Accumulated other comprehensive loss (11) (13)
Total stockholders' equity 27,314 38,386
Total liabilities and stockholders' equity $ 31,783 $ 45,361