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Share-Based Compensation (Tables) | 6 Months Ended
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Jun. 30, 2026
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock Award Activity for the Period | The following table summarizes the activity related to the stock option awards for the six months ended June 30, 2026:
| Number of Shares |  | Weighted Average Exercise Price |  | Aggregate Intrinsic Value (in thousands)
Awards outstanding at December 31, 2025 | 1,017,620 |  |  | $ | 25.18 |  |  |
Granted | 564,719 |  |  | 36.52 |  |  |
Forfeited or Expired | (41,687) |  |  | 30.60 |  |  |
Awards outstanding at June 30, 2026 | 1,540,652 |  |  | $ | 29.19 |  |  | $ | 17,857 |
Options exercisable at June 30, 2026 | 604,164 |  |  | $ | 29.28 |  |  | $ | 9,795 |
Weighted average remaining contractual term | 7.1 Years |  |  |  |
Options vested and expected to vest at June 30, 2026 | 1,275,464 |  |  | $ | 28.73 |  |  |
Weighted average remaining contractual term | 8.1 Years |  |  |  |
Schedule of Compensation Expense Related to Grants of Stock Options | Compensation expense related to the grants of stock options is included in research and development and general and administrative expense as follows (in thousands):
| Three Months Ended June 30, |  |  | Six Months Ended June 30,
| 2026 |  | 2025 |  |  | 2026 |  | 2025
Research and development | $ | 533 |  |  | $ | 307 |  |  |  | $ | 977 |  |  | $ | 534 |
General and administrative | 1,194 |  |  | 623 |  |  |  | 2,138 |  |  | 1,209 |
Total share-based compensation expense | $ | 1,727 |  |  | $ | 930 |  |  |  | $ | 3,115 |  |  | $ | 1,743 |

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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