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v3.26.1

Segments (Details) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2026 USD ($) | Mar. 31, 2026 USD ($) | Jun. 30, 2025 USD ($) | Mar. 31, 2025 USD ($) | Jun. 30, 2026 USD ($) | Jun. 30, 2025 USD ($)
Segments |  |  |  |  |  |
Number of operating segments |  |  |  |  | 1 |
Number of reportable segments |  |  |  |  | 1 |
Stock-based compensation |  |  |  |  | $ 5,259 | $ 2,507
Total segment expense | $ 19,297 |  | $ 10,260 |  | 34,174 | 20,182
Net loss | 17,959 | $ 13,692 | 7,998 | $ (15,193) | 31,651 | (7,195)
Single Reportable Segment |  |  |  |  |  |
Segments |  |  |  |  |  |
Compensation and benefits, excluding stock-based compensation | 3,147 |  | 2,144 |  | 6,174 | 4,383
Stock-based compensation | 2,609 |  | 1,256 |  | 5,259 | 2,507
Drug manufacturing | 2,441 |  | 1,850 |  | 2,872 | 3,680
Clinical trial | 5,410 |  | 2,135 |  | 10,453 | 4,062
Outside general and administrative | 906 |  | 848 |  | 2,150 | 1,794
Facilities and insurance | 630 |  | 504 |  | 1,188 | 1,284
Other segment items | 4,154 |  | 1,523 |  | 6,078 | 2,472
Total segment expense | 19,297 |  | 10,260 |  | 34,174 | 20,182
Non-operating income, net | (1,338) |  | (2,262) |  | (2,523) | (27,377)
Net loss | $ 17,959 |  | $ 7,998 |  | $ 31,651 | $ (7,195)

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