Related Parties |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Related Parties | |
| Related Parties | 12. Related Parties Under the Option Agreements and the License Agreements, Paragon, a stockholder of the Company that was founded by a Series A Preferred Unit investor, received upfront consideration in the form of common units, is entitled to receive milestone and royalty payments upon specific conditions and receives payments from the Company for providing ongoing services under the agreements (see Note 8). As of June 30, 2025 and December 31, 2024, $0.1 million was due to Paragon. For the three and six months ended June 30, 2025, the Company incurred research and development expenses of $0.1 million with Paragon. For the three and six months ended June 30, 2024, the Company incurred research and development expenses of $2.2 million and $8.7 million, respectively, with Paragon. |