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Convertible Preferred Stock and Stockholders’ Equity (Tables) | 9 Months Ended
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Sep. 30, 2025
Convertible Preferred Stock and Stockholders’ Equity [Abstract] |
Schedule of Preferred Stock | As of September 30, 2025, Company Series B Preferred Stock consisted of the following (in thousands, except share data):
|  | September 30, 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 September 30, 2025 and December 31, 2024, the Company had common stock reserved for future issuance as follows:
|  | September 30, 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 |  |  | 7,268,873 |  |  |  | 6,202,207 |
Shares issuable upon exercise of warrant under the Paruka Warrant Obligation |  |  | 596,930 |  |  |  | 596,930 |
Outstanding and issued stock options |  |  | 3,814,560 |  |  |  | 1,567,760 |
Outstanding and issued employee warrants |  |  | 3,054,358 |  |  |  | 3,054,358 |
Shares available for grant under 2024 Stock Incentive Plan |  |  | 4,753,067 |  |  |  | 4,246,324 |
Shares available for grant under 2024 Employee Stock Purchase Plan |  |  | 1,001,003 |  |  |  | 460,529 |
Total shares of common stock reserved |  |  | 31,916,940 |  |  |  | 27,556,257 |

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