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Convertible Preferred Stock and Stockholders’ Equity (Tables)
 9 Months Ended
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