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Subsequent Event
12 Months Ended
Dec. 31, 2024
Subsequent Events [Abstract]  
Subsequent Event

17. Subsequent Event

On January 6, 2025, the Company announced a restructuring plan to streamline its organization and prioritize CX-2051 (EpCAM PROBODY® ADC) and its activities to support its research collaborations. The restructuring plan will result in a reduction to its workforce by approximately 40% and is expected to be substantially completed in the first quarter of 2025. The Company estimates that it will incur aggregate restructuring charges of approximately $4.0 million, primarily related to one-time severance payments and other employee-related costs, which the Company expects will be substantially recorded in the first quarter of 2025.