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Condensed Consolidated Statements Of Operations And Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 5 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2024
Jun. 30, 2025
Operating expenses:        
Research and development [1] $ 24,087 $ 18,673 $ 23,866 $ 44,012
General and administrative [2] 4,342 2,820 4,490 9,503
Total operating expenses 28,429 21,493 28,356 53,515
Loss from operations (28,429) (21,493) (28,356) (53,515)
Other income (expense):        
Interest income 3,857 7,949
Interest expense [3] (750) (964)
Other expense, net (2) (7)
Total other income (expense), net 3,855 (750) (964) 7,942
Net loss (24,574) (22,243) (29,320) (45,573)
Net change in unrealized gains (losses) on marketable securities (21) 14
Comprehensive loss $ (24,595) $ (22,243) $ (29,320) $ (45,559)
Net loss per share attributable to stockholders, Basic (in Dollars per share) $ (0.46) $ (6.96) $ (9.17) $ (0.85)
Net loss per share attributable to stockholders, Diluted (in Dollars per share) $ (0.46) $ (6.96) $ (9.17) $ (0.85)
Weighted-average shares used in computing net loss per share attributable to stockholders, basic (in Shares) 42,095,951 3,197,975 3,197,975 41,888,906
Weighted-average shares used in computing net loss per share attributable to stockholders, diluted (in Shares) 42,095,951 3,197,975 3,197,975 41,888,906
Series B Non-Voting Convertible Preferred Stockholders        
Other income (expense):        
Net loss per share attributable to stockholders, Basic (in Dollars per share) $ (38.26) $ (71.23)
Net loss per share attributable to stockholders, Diluted (in Dollars per share) $ (38.26) $ (71.23)
Weighted-average shares used in computing net loss per share attributable to stockholders, basic (in Shares) 137,138 137,138
Weighted-average shares used in computing net loss per share attributable to stockholders, diluted (in Shares) 137,138 137,138
[1] Includes related party amounts of $4,281 and $15,379 for the three months ended June 30, 2025 and June 30, 2024, respectively, and $6,403 and $20,430 for the six months ended June 30, 2025 and the period from February 6, 2024 (inception) to June 30, 2024, respectively
[2] Includes related party amounts of $12 and $420 for the three months ended June 30, 2025 and June 30, 2024, respectively, and $122 and $1,268 for the six months ended June 30, 2025 and the period from February 6, 2024 (inception) to June 30, 2024, respectively
[3] Includes related party amounts of nil and $750 for the three months ended June 30, 2025 and June 30, 2024, respectively, and nil and $964 for the six months ended June 30, 2025 and the period from February 6, 2024 (inception) to June 30, 2024, respectively