XML 9 R4.htm IDEA: XBRL DOCUMENT v3.26.1
Unaudited Condensed Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Collaboration revenue $ 10,267 $ 0 $ 14,000 $ 0
Operating expenses:        
Research and development 30,994 34,664 57,807 59,719
General and administrative 10,963 10,454 22,096 20,296
Total operating expenses 41,957 45,118 79,903 80,015
Loss from operations (31,690) (45,118) (65,903) (80,015)
Other income:        
Interest income 9,718 11,260 19,570 22,649
Total other income 9,718 11,260 19,570 22,649
Net loss (21,972) (33,858) (46,333) (57,366)
Other comprehensive gain (loss):        
Unrealized gain on available-for-sale securities, net (2,881) (9) (6,621) 1,584
Comprehensive loss $ (24,853) $ (33,867) $ (52,954) $ (55,782)
Net loss per common share, basic $ (0.35) $ (0.55) $ (0.74) $ (0.93)
Net loss per common share, diluted $ (0.35) $ (0.55) $ (0.74) $ (0.93)
Weighted-average shares of common stock outstanding, basic 62,937,295 61,902,411 62,802,256 61,847,372
Weighted-average shares of common stock outstanding, diluted 62,937,295 61,902,411 62,802,256 61,847,372