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Net Loss Per Share (Tables) | 6 Months Ended
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Jun. 30, 2026
Earnings Per Share [Abstract] |
Schedule of Basic and Diluted Net Loss Per Share | Basic and diluted net loss per share is calculated as follows (in thousands except share and per share amounts):
| Three Months Ended June 30, |  |  | Six Months Ended June 30, |
| 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Net loss | $ | (62,600 | ) |  | $ | (15,077 | ) |  | $ | (88,008 | ) |  | $ | (28,202 | )
Net loss per share, basic and diluted | $ | (1.78 | ) |  | $ | (6.40 | ) |  | $ | (4.60 | ) |  | $ | (12.05 | )
Weighted-average shares outstanding, basic and diluted |  | 35,236,214 |  |  |  | 2,356,777 |  |  |  | 19,118,049 |  |  |  | 2,340,431 |
Schedule of Outstanding Potentially Dilutive Securities Excluded from Calculation of Diluted Net Loss Per Share Attributable to Common Stockholders | The following outstanding potentially dilutive securities have been excluded from the calculation of diluted net loss per share attributable to common stockholders, as their effect is antidilutive:
| Three Months Ended June 30, |  |  | Six Months Ended June 30, |
| 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Stock options to purchase common stock (1) |  | 12,233,799 |  |  |  | 8,566,646 |  |  |  | 12,233,799 |  |  |  | 8,566,646 |
Unvested restricted stock awards |  | - |  |  |  | 221,111 |  |  |  | - |  |  |  | 221,111 |
Series A-1 Preferred Stock (as converted to common stock) |  | - |  |  |  | 12,736,014 |  |  |  | - |  |  |  | 12,736,014 |
Series A-2 Preferred Stock (as converted to common stock) |  | - |  |  |  | 8,387,331 |  |  |  | - |  |  |  | 8,387,331 |
Series B Preferred Stock (as converted to common stock) |  | - |  |  |  | 15,149,130 |  |  |  | - |  |  |  | 15,149,130 |
Total |  | 12,233,799 |  |  |  | 45,060,232 |  |  |  | 12,233,799 |  |  |  | 45,060,232 |
(1) The table above excludes the performance-based options that have not been deemed granted from an accounting perspective. See Note 11—Stock-Based Compensation, for more information.

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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