Current portion of investments in u.s. treasury securities, net
118,869
121,275
118,767
81,768
Prepaid expenses and other current assets
6,205
7,819
6,625
5,029
Total current assets
217,908
200,862
188,392
127,793
Non-current portion of investments in u.s. treasury securities, net
22,468
34,510
64,801
0
Long-term investment
3,390
3,390
3,390
3,390
Restricted cash
3,248
3,248
3,248
3,248
Total property and equipment
2,008
1,915
1,880
1,898
Less accumulated depreciation
887
814
741
668
Property and equipment, net
1,121
1,101
1,139
1,230
Lease right-of-use assets - finance
980
1,060
1,140
1,220
Lease right-of-use assets - operating
5,783
6,185
6,578
6,963
Total assets
254,898
250,356
268,688
143,844
Accounts payable
4,179
3,335
4,856
4,656
Accrued expenses and other current liabilities
8,847
8,159
9,277
9,900
Current portion of lease liabilities - finance
489
528
518
568
Current portion of lease liabilities - operating
2,177
2,167
2,157
2,147
Total current liabilities
15,692
14,189
16,808
17,271
Non-current portion of lease liabilities - finance
95
198
327
454
Non-current portion of lease liabilities - operating
4,050
4,472
4,884
5,288
Total liabilities
19,837
18,859
22,019
23,013
Common stock, 0.0001 par value, 500,000,000 shares authorized as of june 30, 2026 78,622,870 shares issued and 78,622,604 shares outstanding as of june 30, 2026 500,000,000 shares authorized as of december 31, 2025 73,001,766 shares issued and 73,001,350 shares outstanding as of december 31, 2025
8
7
7
5
Treasury stock, at cost, 3,827 common shares as of june 30, 2026 and as of december 31, 2025
17
17
17
17
Additional paid-in capital
661,565
631,979
626,625
479,969
Accumulated other comprehensive gain (loss)
-298
-142
188
89
Accumulated deficit
-426,197
-400,330
-380,134
-359,215
Total stockholders' equity
235,061
231,497
246,669
120,831
Total liabilities and stockholders' equity
254,898
250,356
268,688
143,844
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.
Time Plot
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