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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Summary of Segment Net Loss, Including Significant Segment Expenses

The table below is a summary of the segment net loss, including significant segment expenses:

 

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

Collaboration revenue

 

$

8,995

 

 

$

 

Segment expenses:

 

 

 

 

 

 

Direct program costs

 

 

49,449

 

 

 

37,132

 

Indirect research and development expenses

 

 

24,517

 

 

 

21,904

 

General and administrative

 

 

27,809

 

 

 

19,158

 

Total operating and segment expenses

 

$

101,775

 

 

$

78,194

 

Loss from operations

 

$

(92,780

)

 

$

(78,194

)

Interest and other income (expense), net

 

 

12,175

 

 

 

7,085

 

Segment and consolidated net loss

 

$

(80,605

)

 

$

(71,109

)