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Segment Information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s Chief Executive Officer is its CODM. The Company’s CODM uses consolidated net loss in assessing operating decisions, allocating resources and evaluating financial performance. Consolidated net loss is used to monitor budget versus actual results. The Company included a summary of the segment net loss, including significant segment expenses for its single reportable segment:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)
2026202520262025
Total revenue$190 $— $190 $— 
Cost of service revenue15 — 15 — 
Operating expenses:
Salaries and related benefits7,573 7,946 15,256 16,969 
Professional services and laboratory expenses3,338 3,240 6,516 6,429 
Facilities expenses2,550 2,827 5,167 5,839 
Stock-based compensation expense1,158 1,709 2,520 3,877 
Other segment items (1)
1,319 1,375 2,603 2,827 
Total operating expenses15,938 17,097 32,062 35,941 
Reconciliation to net loss:
Interest income1,307 2,080 2,749 4,311 
Other expense(13)(16)(28)(16)
Net loss$(14,469)$(15,033)$(29,166)$(31,646)
Footnotes:
(1)
Other segment items for the Company’s single reportable segment include travel and entertainment, insurance, tax, expensed computer hardware and software, depreciation, and other miscellaneous expenses.