Condensed Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 32,496	$ 75,840
Short-term marketable securities	84,197	75,410
Prepaid expenses and other current assets	2,787	1,524
Total current assets	119,480	152,774
Long-term marketable securities	8,806	7,408
Operating lease right-of-use assets	115	77
Total assets	128,401	160,259
Current liabilities:
Accounts payable	4,243	1,425
Accrued expenses and other current liabilities	4,788	2,951
Operating lease liabilities	115	78
Total current liabilities	9,146	4,454
Commitments and contingencies
Stockholders' equity:
Undesignated preferred stock, $0.0001 per share: 10,000,000 shares authorized; no shares issued and outstanding at September 30, 2025 and December 31, 2024	0	0
Additional paid-in capital	455,916	450,883
Accumulated deficit	(336,781)	(295,311)
Accumulated other comprehensive income	117	230
Total stockholders' equity	119,255	155,805
Total liabilities and stockholders' equity	128,401	160,259
Series A Common Stock
Stockholders' equity:
Common stock	3	3
Series B Common Stock
Stockholders' equity:
Common stock	$ 0	$ 0

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).