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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2024
Accounting Policies [Abstract] |
Summary of Reconciliation of Cash, Cash Equivalents and Restricted Cash Reported within Balance Sheet | A reconciliation of the cash, cash equivalents, and restricted cash reported within the consolidated balance sheets that sum to the total of the same amounts shown in the consolidated statements of cash flows is as follows (in thousands):
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |
Cash and cash equivalents |  | $ | 40,577 |  |  | $ | 22,353 |
Restricted cash |  |  | 1,993 |  |  |  | 1,392 |
Total |  | $ | 42,570 |  |  | $ | 23,745 |
Property Plant And Equipment | Depreciation expense is recognized using the straight-line method over the estimated useful life of each asset as follows:
Property and Equipment |  | Estimated Useful Life
Laboratory equipment |  | 5 years
Computer software and equipment |  | 3 years
Office furniture and fixtures |  | 7 years
Leasehold improvements |  | Shorter of useful life or remaining term of related lease
Property and equipment consist of the following (in thousands):
|  | December 31, |
|  | 2024 |  |  | 2023 |
Property and equipment: |  |  |  |  |  |
Laboratory equipment |  | $ | 3,927 |  |  | $ | 2,736 |
Computer software and equipment |  |  | 159 |  |  |  | 105 |
Office furniture and fixtures |  |  | 961 |  |  |  | 662 |
Leasehold improvements |  |  | 486 |  |  |  | 461 |
Total |  | $ | 5,533 |  |  | $ | 3,964 |
Accumulated depreciation |  |  | (4,129 | ) |  |  | (1,921 | )
Property and equipment, net |  | $ | 1,404 |  |  | $ | 2,043 |
Summary of Basic and Diluted Net Loss per Share Attributable to Common Stockholders | Basic and diluted net loss per share was calculated as follows (in thousands, except share and per share data):
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |
Numerator: |  |  |  |  |  |
Net loss |  | $ | (93,435 | ) |  | $ | (62,680 | )
Net loss attributable to common stockholders |  | $ | (93,435 | ) |  | $ | (62,680 | )
Denominator: |  |  |  |  |  |
Weighted-average common shares—basic and diluted |  |  | 65,113,859 |  |  |  | 49,804,283 |
Net loss per share attributable to common stockholders—basic and diluted |  | $ | (1.43 | ) |  | $ | (1.26 | )
Summary of Potentially Dilutive Securities Excluded from Calculation of Diluted Net Loss per Share | The following table sets forth the potentially dilutive securities that have been excluded from the calculation of diluted net loss per share because to include them would be anti-dilutive:
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |
Stock options |  |  | 6,314,561 |  |  |  | 5,709,980 |
Restricted stock units |  |  | 2,143,802 |  |  |  | 105,048 |
Stock warrants |  |  | 8,606,303 |  |  |  | 10,030,575 |
Total |  |  | 17,064,666 |  |  |  | 15,845,603 |

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