v3.25.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Summary of significant segment expenses and segment net loss

The following table summarizes our significant segment expenses and segment net loss for the three and six months ended June 30, 2025 and 2024 (in thousands):

 

For the three months ended June 30,

 

 

For the six months ended June 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Canvuparatide direct program expense

 

$

8,923

 

 

$

4,980

 

 

$

17,260

 

 

$

8,963

 

Imapextide direct program expense

 

 

987

 

 

 

5,108

 

 

 

2,793

 

 

 

7,744

 

MBX 4291 direct program expense

 

 

2,547

 

 

 

1,521

 

 

 

8,322

 

 

 

2,145

 

Preclinical and other research and development direct expense

 

 

1,641

 

 

 

358

 

 

 

2,850

 

 

 

575

 

Research and development overhead expense

 

 

3,626

 

 

 

2,429

 

 

 

8,905

 

 

 

6,018

 

Other segment items (1)

 

 

1,687

 

 

 

1,461

 

 

 

3,161

 

 

 

2,749

 

Net loss

 

$

19,411

 

 

$

15,857

 

 

$

43,291

 

 

$

28,194

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Other segment items are primarily comprised of general and administrative expenses and interest and other income.