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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 44,757 $ 39,330
Short term investments 107,381 40,785
Accounts receivable 2,346 3,301
Other current assets 2,927 2,629
Total current assets 157,411 86,045
Property and equipment, net of accumulated depreciation of $16,458 and $13,716 at December 31, 2025 and 2024, respectively 11,763 17,974
Operating lease right-of-use assets 14,856 17,368
Goodwill 19,161 16,966
Intangible assets, net 42,167 9,589
Other assets 1,661 13,798
Total assets 247,019 161,740
Current liabilities:    
Accounts payable 661 858
Accrued expenses and other current liabilities 8,560 8,536
Operating lease current liabilities 2,673 2,462
Deferred revenue 491 288
Total current liabilities 12,385 12,144
Warrants 33,167 28,707
Operating lease noncurrent liabilities 12,337 14,352
Long-term debt, net 273,589 54,621
Other long-term liabilities 1,776 1,795
Total liabilities 333,254 111,619
Stockholders’ equity:    
Common Stock, authorized 500,000,000 shares; 135,504,497 and 131,268,940 shares issued and 135,372,269 and 131,136,712 shares outstanding at December 31, 2025 and 2024, respectively 15 14
Additional paid-in capital 961,991 912,241
Accumulated other comprehensive income 3,811 665
Accumulated deficit (1,051,359) (862,106)
Common stock in treasury, at cost, 132,228 shares at both December 31, 2025 and December 31, 2024. (693) (693)
Total stockholders’ equity (deficit) (86,235) 50,121
Total liabilities and stockholders’ equity $ 247,019 $ 161,740