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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
Balance at Feb. 06, 2024 $ 3 $ (2) $ 1
Balance (in Shares) at Feb. 06, 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 loss (7,077) (7,077)
Balance at Mar. 31, 2024 $ 2,931 $ 5 13 (7,077) (7,059)
Balance (in Shares) at Mar. 31, 2024   20,000,000 5,405,528        
Stock-based compensation expense 321   321
Net loss (22,243) (22,243)
Balance at Jun. 30, 2024 $ 2,931 $ 5 334 (29,320) (28,981)
Balance (in Shares) at Jun. 30, 2024   20,000,000 5,405,528        
Balance at Dec. 31, 2024 $ 2,931   $ 37 463,018 (41) (83,724) 382,221
Balance (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)
Balance at Mar. 31, 2025 $ 2,931   $ 37 466,486 (6) (104,723) 364,725
Balance (in Shares) at Mar. 31, 2025 137,138   37,440,510        
Balance at Dec. 31, 2024 $ 2,931   $ 37 463,018 (41) (83,724) 382,221
Balance (in Shares) at Dec. 31, 2024 137,138   37,440,510        
Balance at Jun. 30, 2025 $ 2,931   $ 37 469,998 (27) (129,297) 343,642
Balance (in Shares) at Jun. 30, 2025 137,138   37,450,745        
Balance at Mar. 31, 2025 $ 2,931   $ 37 466,486 (6) (104,723) 364,725
Balance (in Shares) at Mar. 31, 2025 137,138   37,440,510        
Issuance of common stock under employee stock purchase plan   109 109
Issuance of common stock under employee stock purchase plan (in Shares)     10,235        
Stock-based compensation expense   3,403 3,403
Net change in unrealized gains (losses) on marketable securities   (21) (21)
Net loss   (24,574) (24,574)
Balance at Jun. 30, 2025 $ 2,931   $ 37 $ 469,998 $ (27) $ (129,297) $ 343,642
Balance (in Shares) at Jun. 30, 2025 137,138   37,450,745