v3.26.1
Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Income Statement [Abstract]    
Revenue $ 102,484 $ 62,043
Operating expenses    
Research and development 166,417 252,043
General and administrative 41,019 48,453
Restructuring and related costs 53,415  
Total operating expenses 260,851 300,496
Loss from operations (158,367) (238,453)
Interest income 9,251 18,643
Non-cash interest expense related to the sale of future royalties (38,208) (31,070)
Interest and other income (expense), net (3,855) 25,782
Loss before provision for income taxes (191,179) (225,098)
Provision for income taxes (93) 2,363
Net loss $ (191,086) $ (227,461)
Net loss per share, basic $ (22.49) $ (29.4)
Net loss per share, diluted $ (22.49) $ (29.4)
Weighted-average shares used in computing basic net loss per share 8,497,798 7,736,734
Weighted-average shares used in computing diluted net loss per share 8,497,798 7,736,734