v3.25.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 42,327 $ 75,840
Short-term marketable securities 83,080 75,410
Prepaid expenses and other current assets 1,789 1,524
Total current assets 127,196 152,774
Long-term marketable securities 10,059 7,408
Operating lease right-of-use assets 152 77
Total assets 137,407 160,259
Current liabilities:    
Accounts payable 1,921 1,425
Accrued expenses and other current liabilities 5,174 2,951
Operating lease liabilities 152 78
Total current liabilities 7,247 4,454
Commitments and contingencies
Stockholders' equity:    
Undesignated preferred stock, $0.0001 per share: 10,000,000 shares authorized; no shares issued and outstanding at March 31, 2025 and December 31, 2024 0 0
Additional paid-in capital 453,954 450,883
Accumulated deficit (323,873) (295,311)
Accumulated other comprehensive income 76 230
Total stockholders' equity 130,160 155,805
Total liabilities and stockholders' equity 137,407 160,259
Series A Common Stock    
Stockholders' equity:    
Common stock 3 3
Series B Common Stock    
Stockholders' equity:    
Common stock $ 0 $ 0