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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating expenses:        
Research and development $ 25,945 $ 20,709 $ 53,731 $ 36,435
General and administrative 9,875 8,094 19,084 16,518
Total operating expenses 35,820 28,803 72,815 52,953
Loss from operations (35,820) (28,803) (72,815) (52,953)
Other income (expense):        
Interest and investment income 2,889 4,647 6,235 8,888
Other expense, net (121) (16) (181) (35)
Total other income, net 2,768 4,631 6,054 8,853
Net loss $ (33,052) $ (24,172) $ (66,761) $ (44,100)
Net loss per share attributable to common shareholders - basic $ (0.57) $ (0.43) $ (1.15) $ (0.81)
Net loss per share attributable to common shareholders - diluted $ (0.57) $ (0.43) $ (1.15) $ (0.81)
Weighted-average common shares outstanding used in net loss per share - basic 58,005,312 56,485,962 58,005,312 54,390,364
Weighted-average common shares outstanding used in net loss per share - diluted 58,005,312 56,485,962 58,005,312 54,390,364