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Condensed Consolidated Statements of Operations and Comprehensive Loss (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Collaboration revenue $ 0 $ 973
Total revenues 0 973
Operating expenses:    
Research and development 24,600 5,919
General and administrative 6,179 3,596
Reversal of indirect tax liabilities (5,510) 0
Total operating expenses 25,269 9,515
Loss from operations (25,269) (8,542)
Other income (expense), net:    
Other expense, net (110) 0
Interest income, net 1,899 365
Total other income, net 1,789 365
Net loss from continuing operations (23,480) (8,177)
Loss from discontinued operations, net of income taxes 0 (2,149)
Net loss and comprehensive loss (23,480) (10,326)
Net loss and comprehensive loss $ (23,480) $ (10,326)
Basic net loss per common share from continuing operations (in dollars per share) $ (1.66) $ (1.80)
Diluted net loss per common share from continuing operations (in dollars per share) (1.66) (1.80)
Basic net earnings (loss) per common share from discontinued operations (in dollars per share) 0 (0.48)
Diluted net earnings (loss) per common share from discontinued operations (in dollars per share) 0 (0.48)
Basic net loss per common share (in dollars per share) (1.66) (2.28)
Diluted net loss per common share (in dollars per share) $ (1.66) $ (2.28)
Shares used to compute basic net earnings (loss) per common share (in shares) 14,177,743 4,537,782
Shares used to compute diluted net earnings (loss) per common share (in shares) 14,177,743 4,537,782