v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Collaboration revenue - related party $ 72 $ 72
Operating expenses:    
Research and development (including related party expenses of $4,528 and $661 during the three months ended March 31, 2025 and 2024, respectively.) 76,835 40,944
General and administrative 17,103 15,025
Total operating expenses 93,938 55,969
Loss from operations (93,866) (55,897)
Other income (expense):    
Interest and other income 7,540 7,942
Interest and other expense (586) (587)
Other income, net 6,954 7,355
Net loss (86,912) $ (48,542)
Weighted-average shares outstanding, diluted (in shares)   61,099,038
Comprehensive loss:    
Net loss (86,912) $ (48,542)
Other comprehensive (loss) income:    
Change in unrealized (loss) gain on investments 255 (705)
Total other comprehensive (loss) income 255 (705)
Total comprehensive loss $ (86,657) $ (49,247)
Common Stock    
Other income (expense):    
Net loss per share, basic (in dollars per share) $ (0.87) $ (0.59)
Net loss per share, diluted (in dollars per share) $ (0.87) $ (0.59)
Weighted-average shares outstanding, basic (in shares) 81,344,134 61,099,038
Weighted-average shares outstanding, diluted (in shares) 81,344,134 61,099,038
Series A Convertible Preferred Stock | Preferred Stock    
Other income (expense):    
Net loss per share, basic (in dollars per share) $ (57.94) $ (39.45)
Net loss per share, diluted (in dollars per share) $ (57.94) $ (39.45)
Weighted-average shares outstanding, basic (in shares) 134,864 170,621
Weighted-average shares outstanding, diluted (in shares) 134,864 170,621
Series B Convertible Preferred Stock | Preferred Stock    
Other income (expense):    
Net loss per share, basic (in dollars per share) $ (57.94) $ (39.44)
Net loss per share, diluted (in dollars per share) $ (57.94) $ (39.44)
Weighted-average shares outstanding, basic (in shares) 145,160 143,522
Weighted-average shares outstanding, diluted (in shares) 145,160 143,522