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Stock-Based Compensation (Tables) | 6 Months Ended
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May 31, 2026
Share-Based Payment Arrangement [Abstract] |
Schedule of Option Activity | Option activity under the Stock Plans and the 2024 Inducement Plan is set forth below:
| Number of options outstanding |  | Weighted- average exercise price
Balances as of November 30, 2025 | 11,372,272 |  | $ | 15.76 |
Options granted | 2,222,271 |  | 16.61 |
Options exercised | (84,630) |  | 5.21 |
Options forfeited | (425,774) |  | 19.64 |
Balances as of May 31, 2026 | 13,084,139 |  | $ | 15.84 |
Schedule of RSU Activity | RSU activity under the Stock Plans and 2024 Inducement Plan is set forth below:
| Number of RSUs |  | Weighted-average grant date fair value
Balances as of November 30, 2025 | 2,245,837 |  | $ | 14.02 |
RSUs granted | 1,681,812 |  | 16.60 |
RSUs vested | (625,405) |  | 13.23 |
RSUs forfeited | (232,340) |  | 16.63 |
Balances as of May 31, 2026 | 3,069,904 |  | $ | 15.40 |
Schedule of Stock-Based Compensation Expense Related to Stock Options | Stock-based compensation expense related to the Stock Plans, the 2024 Inducement Plan and the ESPP that is included in the Company’s condensed statements of operations is as follows (in thousands):
| Three Months Ended, May 31, |  | Six Months Ended May 31,
| 2026 |  | 2025 |  | 2026 |  | 2025
Research and development | $ | 6,859 |  |  | $ | 5,845 |  |  | $ | 12,206 |  |  | $ | 10,989 |
General and administrative | 4,529 |  |  | 4,540 |  |  | 8,586 |  |  | 8,118 |
Total stock-based compensation | $ | 11,388 |  |  | $ | 10,385 |  |  | $ | 20,792 |  |  | $ | 19,107 |

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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