Schedule of Segment Reporting Information, by Segment |
The following table presents selected financial information about the Company's single operating segment for the three and six months ended June 30, 2025 and 2024 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | Collaboration revenue | $ | — | | | $ | 357 | | | $ | — | | | $ | 788 | | Program-specific expenses: | | | | | | | | Ulixacaltamide | 18,385 | | | 12,045 | | | 41,898 | | | 23,184 | | Vormatrigine | 17,957 | | | 1,860 | | | 31,690 | | | 2,592 | | Relutrigine | 10,509 | | | 1,245 | | | 15,886 | | | 2,251 | | Elsunersen | 1,317 | | | 685 | | | 2,078 | | | 1,206 | | Other early stage assets | 1,417 | | | 1,144 | | | 2,522 | | | 2,063 | | Personnel-related expenses | 11,913 | | | 9,843 | | | 24,943 | | | 18,110 | | Stock-based compensation expense | 7,770 | | | 5,879 | | | 16,556 | | | 20,354 | | Depreciation expense | 46 | | | 107 | | | 93 | | | 219 | | Other segment expenses(a) | 6,753 | | | 5,037 | | | 15,129 | | | 10,183 | | Interest income | 4,940 | | | 4,811 | | | 10,372 | | | 7,144 | | Net loss | $ | (71,127) | | | $ | (32,677) | | | $ | (140,423) | | | $ | (72,230) | |
(a) Other segment expenses includes research and development and general and administrative costs not attributable to a specific program
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