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Convertible Preferred Stock and Stockholders’ Equity (Tables)

3 Months Ended

Mar. 31, 2025

Convertible Preferred Stock and Stockholders’ Equity [Abstract]

Schedule of Convertible Preferred Stock

As of March 31, 2025, Company Series B Preferred Stock consisted of the following (in thousands, except share data):

		March 31, 2025
		Preferred Stock Authorized				Preferred Stock Issued and Outstanding				Carrying Value				Common Stock Issuable Upon Conversion
Company Series B Preferred Stock			251,504				137,138			$	2,931				11,428,149

Schedule of Common Stock Reserved for Future Issuance

As of March 31, 2025 and December 31, 2024, the Company had common stock reserved for future issuance as follows:

		March 31, 2025				December 31, 2024
Shares issuable on conversion of Company Series B Preferred Stock			11,428,149				11,428,149
Shares issuable upon exercise of pre-funded warrants			6,202,207				6,202,207
Shares issuable upon exercise of warrant under the Paruka Warrant Obligation			596,930				596,930
Outstanding and issued stock options			3,265,460				1,567,760
Outstanding and issued employee warrants			3,054,358				3,054,358
Shares available for grant under 2024 Stock Incentive Plan			5,302,167				4,246,324
Shares available for grant under 2024 Employee Stock Purchase Plan			1,011,238				460,529
Total shares of common stock reserved			30,860,509				27,556,257