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Income Taxes - Deferred Income Tax Assets (Liabilities) (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets    
Net operating losses $ 52,044 $ 25,269
Tax credit carryforwards 8,283 4,570
Intangibles 1,367 1,528
Startup costs, depreciation and other 20 10
Capitalized R&D (Section 174) 31,983 26,292
Stock compensation 4,077 1,335
Lease liability 529 195
Total gross deferred tax asset 98,303 59,199
Deferred tax liabilities - ROU asset (522) (182)
Valuation allowance (97,781) (59,017)
Net deferred tax asset $ 0 $ 0