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Stock-based Compensation
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-based Compensation

6. Stock-based Compensation

The Company recognized stock-based compensation as follows (in thousands):

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Research and development

 

$

835

 

 

$

2,838

 

 

$

1,943

 

 

$

6,500

 

General and administrative

 

 

1,775

 

 

 

4,224

 

 

 

3,575

 

 

 

8,913

 

Total stock-based compensation

 

$

2,610

 

 

$

7,062

 

 

$

5,518

 

 

$

15,413