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Segment Disclosures | 6 Months Ended
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Jun. 30, 2026
Segment Reporting [Abstract] |
Segment Disclosures | 9. Segment Disclosures The Company operates as a single operating segment. The Company's chief operating decision maker (CODM) is its chief executive officer, who reviews financial information presented on a consolidated basis. The CODM uses consolidated net loss to assess financial performance and allocate resources. The CODM does not review assets in evaluating the results of the single segment and therefore, such information is not presented. The following table presents selected financial information with respect to the Company's single operating segment for the three and six months ended June 30, 2026 and 2025:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Revenues |  |  |  |  |  |  |  |  |  |  |  |
Commercial and development revenue |  | $ | 1,147 |  |  | $ | — |  |  | $ | 2,216 |  |  | $ | — |
License and collaboration revenue |  |  | 10 |  |  |  | — |  |  |  | 24 |  |  |  | 52 |
Total revenues |  |  | 1,157 |  |  |  | — |  |  |  | 2,240 |  |  |  | 52 |
Less: |  |  |  |  |  |  |  |  |  |  |  |
Cost of sales |  |  | 3,925 |  |  |  | — |  |  |  | 6,887 |  |  |  | — |
Research and development |  |  |  |  |  |  |  |  |  |  |  |
Clinical and manufacturing |  |  | 50,947 |  |  |  | 26,371 |  |  |  | 90,073 |  |  |  | 49,436 |
Other research and development(1) |  |  | 3,710 |  |  |  | 4,960 |  |  |  | 8,314 |  |  |  | 9,363 |
Total research and development |  |  | 54,657 |  |  |  | 31,331 |  |  |  | 98,387 |  |  |  | 58,799 |
General and administrative |  |  | 28,976 |  |  |  | 17,410 |  |  |  | 49,756 |  |  |  | 32,198 |
Total costs and operating expenses |  |  | 87,558 |  |  |  | 48,741 |  |  |  | 155,030 |  |  |  | 90,997 |
Loss from operations |  |  | (86,401 | ) |  |  | (48,741 | ) |  |  | (152,790 | ) |  |  | (90,945 | )
Other income, net |  |  | 7,345 |  |  |  | 7,315 |  |  |  | 13,532 |  |  |  | 15,067 |
Net loss |  | $ | (79,056 | ) |  | $ | (41,426 | ) |  | $ | (139,258 | ) |  | $ | (75,878 | )
(1) Other research and development consists of indirect costs incurred for the benefit of the research and development efforts, including certain personnel, supply chain, quality assurance, and regulatory affairs. |

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