XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Convertible Preferred Stock and Stockholders’ Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Convertible Preferred Stock
Series B Non-Voting
Convertible Preferred Stock
Series A
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Gain (Loss)
Accumulated Deficit
Total
Balances at Feb. 05, 2024 $ 3 $ (2) $ 1
Balances (in Shares) at Feb. 05, 2024 3,197,975        
Issuance of common stock $ 2 (2)
Issuance of common stock (in Shares)   2,207,553        
Issuance of Series A convertible preferred stock, net of issuance costs of $69 $ 2,931
Issuance of Series A convertible preferred stock, net of issuance costs of $69 (in Shares) 20,000,000        
Stock-based compensation expense 17 17
Net change in unrealized gains (losses) on marketable securities            
Net loss (7,077) (7,077)
Balances at Mar. 31, 2024 $ 2,931 $ 5 13 (7,077) (7,059)
Balances (in Shares) at Mar. 31, 2024 20,000,000 5,405,528        
Balances at Dec. 31, 2024 $ 2,931   $ 37 463,018 (41) (83,724) 382,221
Balances (in Shares) at Dec. 31, 2024 137,138   37,440,510        
Stock-based compensation expense   3,468 3,468
Net change in unrealized gains (losses) on marketable securities   35 35
Net loss   (20,999) (20,999)
Balances at Mar. 31, 2025 $ 2,931   $ 37 $ 466,486 $ (6) $ (104,723) $ 364,725
Balances (in Shares) at Mar. 31, 2025 137,138   37,440,510