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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - 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 $ 20,778 $ 23,130 $ 44,950 $ 48,367
General and administrative 6,408 7,585 18,800 15,110
Total operating expenses 27,186 30,715 63,750 63,477
Loss from operations (27,186) (30,715) (63,750) (63,477)
Other income, net:        
Interest income 3,970 5,724 8,346 8,970
Other income (expense), net 239 (2) 444 (4)
Total other income, net 4,209 5,722 8,790 8,966
Net loss (22,977) (24,993) (54,960) (54,511)
Other comprehensive loss:        
Net unrealized loss on investments (290) (136) (312) (271)
Comprehensive loss $ (23,267) $ (25,129) $ (55,272) $ (54,782)
Net loss per share, basic $ (0.31) $ (0.34) $ (0.74) $ (0.88)
Net loss per share, diluted $ (0.31) $ (0.34) $ (0.74) $ (0.88)
Weighted average shares used to compute net loss per share, basic 73,977,625 73,494,523 73,947,220 62,088,495
Weighted average shares used to compute net loss per share, diluted 73,977,625 73,494,523 73,947,220 62,088,495