XML 63 R39.htm IDEA: XBRL DOCUMENT v3.25.1
Segment Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Summary of Reportable Segment

The CODM is regularly provided with the following significant segment expenses:

 

Years Ended December 31,

 

 

2024

 

 

2023

 

Revenue

 

$

1,075

 

 

$

151

 

Employee-related expenses, excluding stock-based compensation

 

 

22,233

 

 

 

15,726

 

Stock-based compensation

 

 

3,152

 

 

 

1,620

 

External research and development expenses

 

 

32,786

 

 

 

15,106

 

External general and administrative expenses

 

 

6,511

 

 

 

3,415

 

Gain on sale of non-financial asset

 

 

 

 

 

(47,625

)

Other segment expenses*

 

 

17,216

 

 

 

9,834

 

Total operating expenses (income)

 

 

81,898

 

 

 

(1,924

)

(Loss) income from operations

 

 

(80,823

)

 

 

2,075

 

Other income, net

 

 

8,527

 

 

 

2,796

 

(Loss) income before provision for income taxes

 

 

(72,296

)

 

 

4,871

 

(Benefit) provision for income taxes

 

 

(498

)

 

 

691

 

Net (loss) income

 

$

(71,798

)

 

$

4,180

 

(*) Other segment expenses include facility related and office costs, information technology costs, general laboratory costs, and other operating expenses.