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Condensed Consolidated Statements of Operations and Comprehensive Loss - 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 $ 23,368 $ 19,682 $ 49,919 $ 32,621
General and administrative 4,424 4,917 9,060 8,712
Total operating expenses 27,792 24,599 58,979 41,333
Loss from operations (27,792) (24,599) (58,979) (41,333)
Other income, net 1,610 2,972 3,516 5,052
Net loss $ (26,182) $ (21,627) $ (55,463) $ (36,281)
Net loss per share, basic $ (0.41) $ (0.34) $ (0.87) $ (0.62)
Net loss per share, diluted $ (0.41) $ (0.34) $ (0.87) $ (0.62)
Weighted average common shares outstanding, basic 64,027,892 63,801,792 63,996,126 58,677,749
Weighted average common shares outstanding, diluted 64,027,892 63,801,792 63,996,126 58,677,749
Comprehensive loss:        
Net Income (Loss) $ (26,182) $ (21,627) $ (55,463) $ (36,281)
Other comprehensive loss:        
Unrealized loss on marketable securities (63) (125) (157) (231)
Total other comprehensive loss (63) (125) (157) (231)
Total comprehensive loss $ (26,245) $ (21,752) $ (55,620) $ (36,512)