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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Comprehensive Income [Abstract]        
Revenues $ 1,418 $ 18,658 $ 11,677 $ 69,575
Type of Revenue [Extensible List] us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember
Operating expenses:        
Research and development $ 17,598 $ 13,322 $ 36,836 $ 32,189
General and administrative 7,601 6,622 18,294 16,050
Total operating expenses 25,199 19,944 55,130 48,239
Income (loss) from operations (23,781) (1,286) (43,453) 21,336
Interest income 3,157 1,178 4,647 2,133
Other income 18 17 11 28
Income (loss) before income taxes (20,606) (91) (38,795) 23,497
Provision for income taxes 60 63 119 126
Net income (loss) attributable to common stockholders (20,666) (154) (38,914) 23,371
Other comprehensive income (loss):        
Unrealized gain (loss) on investments, net of tax (298) 34 (307) 6
Total comprehensive income (loss) $ (20,964) $ (120) $ (39,221) $ 23,377
Net income (loss) per share, Basic $ (0.09) $ (0) $ (0.2) $ 0.22
Net income (loss) per share, Diluted $ (0.09) $ (0) $ (0.2) $ 0.21
Shares used to compute net income (loss) per share, Basic 218,939,423 129,075,546 198,221,312 108,214,373
Shares used to compute net income (loss) per share, Diluted 218,939,423 129,075,546 198,221,312 108,928,284