XML 26 R17.htm IDEA: XBRL DOCUMENT v3.26.1
Segment Information
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Information

7. Segment Information

The Company manages the business activities at the consolidated level and operates in one operating and reportable segment. The Company’s CODM is its chief executive officer. The CODM primarily utilizes long-range financial projections and cash runway in order to allocate resources and to assess performance. As of March 31, 2026, the Company has no revenue and all the Company’s long-lived assets were located within the United States. The CODM is regularly provided with the following significant segment expenses:

 

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Interest income

 

$

2,070

 

 

$

2,703

 

Less:

 

 

 

 

 

 

Direct program expense

 

 

8,588

 

 

 

9,961

 

Personnel expense

 

 

4,789

 

 

 

4,377

 

Stock-based compensation expense

 

 

3,924

 

 

 

3,539

 

Other segment items(1)

 

 

2,405

 

 

 

2,541

 

Segment net loss

 

$

(17,636

)

 

$

(17,715

)

Net loss

 

$

(17,636

)

 

$

(17,715

)

 

(1)
Other segment items included in Segment net loss includes professional services, consulting and other outside services expenses, depreciation expense, insurance, facilities and other overhead items.