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Condensed Statements of Stockholders' Equity - USD ($) $ in Thousands | Total | Common Stock | Additional Paid-in Capital | Accumulated Other Comprehensive (Loss) Income | Accumulated Deficit
--- | --- | --- | --- | --- | ---
Beginning Balance at Dec. 31, 2024 | $ 420,047 | $ 44 | $ 538,321 | $ 56 | $ (118,374)
Beginning Balance (in shares) at Dec. 31, 2024 |  | 44,422,505 |  |  |
Issuance of common stock upon exercise of stock options | 66 |  | 66 |  |
Issuance of common stock upon exercise of stock options (in shares) |  | 25,930 |  |  |
Vesting of restricted common stock | 5 |  | 5 |  |
Stock-based compensation expense | 1,482 |  | 1,482 |  |
Net unrealized gain (loss) on marketable securities | 142 |  |  | 142 |
Net loss | (21,476) |  |  |  | (21,476)
Ending Balance at Mar. 31, 2025 | (400,266) | $ 44 | 539,874 | 198 | (139,850)
Ending Balance (in shares) at Mar. 31, 2025 |  | 44,448,435 |  |  |
Beginning Balance at Dec. 31, 2025 | 381,926 | $ 45 | 548,517 | 617 | (167,253)
Beginning Balance (in shares) at Dec. 31, 2025 |  | 44,806,272 |  |  |
Issuance of common stock upon exercise of stock options | 335 |  | 335 |  |
Issuance of common stock upon exercise of stock options (in shares) |  | 110,300 |  |  |
Vesting of restricted common stock | 5 |  | 5 |  |
Stock-based compensation expense | 6,015 |  | 6,015 |  |
Net unrealized gain (loss) on marketable securities | (1,186) |  |  | (1,186) |
Net loss | (8,637) |  |  |  | (8,637)
Ending Balance at Mar. 31, 2026 | $ 378,458 | $ 45 | $ 554,872 | $ (569) | $ (175,890)
Ending Balance (in shares) at Mar. 31, 2026 |  | 44,916,572 |  |  |

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