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v3.26.1

Condensed Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2026 | Mar. 31, 2025
Operating expenses: |  |
Research and development | $ 70,047 | $ 56,587
General and administrative | 17,290 | 14,796
Total operating expenses | 87,337 | 71,383
Loss from operations | (87,337) | (71,383)
Interest income (expense), net | 4,380 | 3,160
Other income (expense), net | (1) | (20)
Net loss and comprehensive loss | (82,958) | (68,243)
Impact of preferred stock extinguishments and modifications |  | (6,300)
Net loss attributable to common stockholders | $ (82,958) | $ (74,543)
Net loss per share attributable to common stockholders, basic | $ (2.46) | $ (26.91)
Net loss per share attributable to common stockholders, diluted | $ (2.46) | $ (26.91)
Weighted-average shares of common stock outstanding used in computing net loss per share attributable to common stockholders, Basic | 33,700,550 | 2,770,352
Weighted-average shares of common stock outstanding used in computing net loss per share attributable to common stockholders, Diluted | 33,700,550 | 2,770,352

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