v3.25.2
Asset Acquisition and Private Placement with a Related Party (Tables)
 6 Months Ended
Jun. 30, 2025
Business Combination [Abstract]  
Summary of Purchase Consideration For The Acquisition Based On The Fair Value Of The Net Assets Acquired By The Company The following table sets forth the allocation of the purchase consideration (in thousands):

Assets acquired

 

 

   In-process research and development

$

51,659

 

   Cash and cash equivalents

 

1,204

 

   Prepaid expenses and other current assets

 

1,861

 

Total assets acquired

 

54,724

 

Liabilities assumed

 

 

   Accounts payable

 

(1,603

)

   Accounts payable, related party

 

(101

)

   Accrued expenses and other current liabilities

 

(192

)

   Accrued expenses, related party

 

(76

)

Total liabilities assumed

 

(1,972

)

Net assets acquired

$

52,752