v3.25.4
Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating expenses:    
Research and development $ 23,276 $ 40,179
General and administrative 19,875 24,988
Impairment of long-lived assets 6,145 5,233
Loss from operations (49,296) (70,400)
Other income (expense), net 3,774 5,633
Net loss $ (45,522) $ (64,767)
Per share information:    
Net loss per share of common stock, basic $ (14.35) $ (21.04)
Net loss per share of common stock, diluted $ (14.35) $ (21.04)
Weighted average common shares outstanding, basic 3,172,870 3,078,665
Weighted average common shares outstanding, diluted 3,172,870 3,078,665
Comprehensive loss:    
Net loss $ (45,522) $ (64,767)
Unrealized gain (loss) on marketable securities (8) 51
Comprehensive loss $ (45,530) $ (64,716)