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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating expenses:        
Research and development $ 20,198 $ 25,250 $ 65,148 $ 73,617
General and administrative 7,088 8,544 25,888 23,654
Total operating expenses 27,286 33,794 91,036 97,271
Loss from operations (27,286) (33,794) (91,036) (97,271)
Other income, net:        
Interest income 3,852 5,453 12,198 14,423
Other income (expense), net 1,719 (3) 2,163 (7)
Total other income, net 5,571 5,450 14,361 14,416
Net loss (21,715) (28,344) (76,675) (82,855)
Other comprehensive loss:        
Net unrealized gain (loss) on investments 174 1,977 (138) 1,706
Comprehensive loss $ (21,541) $ (26,367) $ (76,813) $ (81,149)
Net loss per share, basic $ (0.29) $ (0.39) $ (1.04) $ (1.26)
Net loss per share, diluted $ (0.29) $ (0.39) $ (1.04) $ (1.26)
Weighted average shares used to compute net loss per share, basic 74,024,543 73,563,316 73,973,278 65,941,355
Weighted average shares used to compute net loss per share, diluted 74,024,543 73,563,316 73,973,278 65,941,355