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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating expenses    
Research and development $ 51,964 $ 30,312
General and administrative 18,613 12,688
Total operating expenses 70,577 43,000
Other income, net 3,924 2,674
Change in fair value of warrant liabilities and fair value of financial instruments issued in excess of proceeds 30,900 (76,211)
Loss before income taxes (35,753) (116,537)
Provision for income taxes (431) 0
Net loss and comprehensive loss $ (36,184) $ (116,537)
Net loss per share, basic $ (0.75) $ (4.73)
Net loss per share, diluted $ (0.75) $ (4.73)
Weighted-average common shares outstanding, basic 48,543,787 24,619,197
Weighted-average common shares outstanding, diluted 48,543,787 24,619,197