v3.25.4
Income Taxes - Summary of Principal Components of Deferred Tax Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets (liabilities)    
Capitalized research and development $ 58,533 $ 56,255
Net operating loss carryforwards 56,408 19,514
License agreement 4,726 5,162
Stock-based compensation 23,934 22,681
Research and development credits 18,938 13,959
Other 266 232
Prepaid expenses (477) (589)
Deferred tax assets (liabilities) 162,328 117,214
Less: valuation allowance (162,328) (117,214)
Net deferred tax assets (liabilities) $ 0 $ 0