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STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Statement of Comprehensive Income [Abstract]    
Revenue $ 138,103 $ 101,214
Type of Revenue [Extensible List] us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember
Operating expenses:    
Research and development $ 83,382 $ 77,680
General and administrative 29,726 30,018
Total operating expenses 113,108 107,698
Income (loss) from operations 24,995 (6,484)
Interest income 7,136 9,837
Other income (expense), net (38) (30)
Income before income taxes 32,093 3,323
Provision for income taxes 224 3,892
Net income (loss) 31,869 (569)
Other comprehensive income (loss):    
Unrealized gain (loss) on available-for-sale investments, net of tax (68) 85
Total comprehensive income (loss) $ 31,801 $ (484)
Net income (loss) per share, Basic $ 0.38 $ (0.01)
Net income (loss) per share, Diluted $ 0.38 $ (0.01)
Shares used to compute net income (loss) per share, Basic 84,439,303 73,808,237
Shares used to compute net income (loss) per share, Diluted 84,745,116 73,808,237