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Segment Information | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Segment Information | 14. Segment Information The Company's CODM is its CEO and senior leadership team. All of the Company’s operating results are reviewed by the Company’s CODM within the same statement of operations and comprehensive loss whether research and development (by program) or general and administrative in nature. Accordingly, the Company has determined that it has a single reportable segment and operating segment structure. The Company's CODM regularly reviews total expenses and expenses by significant areas such as departments and programs to make decisions when evaluating the Company's financial performance. The Company does not evaluate performance or allocate resources based on segment asset data and therefore such information is not presented. All long-lived assets are located in the United States. The following table contains additional information on the Company's net loss, including significant segment expenses for the years ended December 31, 2024 and December 31, 2023:
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |
Research and development expense |  |  |  |  |  |
LX2020 |  | $ | 23,451 |  |  | $ | 14,192 |
LX2006 |  |  | 14,256 |  |  |  | 7,537 |
LX1001 |  |  | 4,501 |  |  |  | 9,936 |
Other programs |  |  | 3,424 |  |  |  | 2,535 |
Employee compensation expenses |  |  | 16,010 |  |  |  | 11,748 |
Lab-related costs and supplies |  |  | 1,356 |  |  |  | 1,160 |
All other research and development expense |  |  | 11,093 |  |  |  | 6,022 |
General and administrative expense |  |  |  |  |  |
Employee compensation expenses |  |  | 13,158 |  |  |  | 5,872 |
All other general and administrative expense |  |  | 18,517 |  |  |  | 9,511 |
Other income and expense, net |  |  | (7,433 | ) |  |  | (2,119 | )
Net Loss |  | $ | (98,333 | ) |  | $ | (66,394 | )

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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