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Segment (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Summary of Reconciles Reported Revenues to Net (Loss) Income under Significant Expense Principle

The following table

reconciles reported revenues to net (loss) income under the significant expense principle for the three and six months ended June 30, 2025 and 2024 (in thousands):

		For the Three Months Ended June 30,								For the Six Months Ended June 30,
		2025				2024				2025				2024
Research and Development Expenses:
RAP-219 program external expenses		$	9,685			$	4,846			$	17,648			$	8,747
Preclinical programs external expenses			4,722				5,648				7,968				9,582
R&D personnel-related costs (including stock-based    compensation)			6,666				4,590				13,452				8,607
Other costs			1,607				605				3,184				1,257
General and Administrative Expenses:
G&A personnel-related costs (including stock-based    compensation)			5,045				3,436				10,004				5,833
Professional and consulting costs			920				1,108				2,584				2,973
Facility related and other			851				567				1,764				895
Loss from operations		$	(29,496	)		$	(20,800	)		$	(56,604	)		$	(37,894	)
Interest income			2,764				2,679				5,809				4,494
Change in fair value of preferred stock tranche right liability			—				—				—				(7,390	)
Net loss		$	(26,732	)		$	(18,121	)		$	(50,795	)		$	(40,790	)

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

+ Details

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Namespace Prefix:	us-gaap_
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