v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating expenses:    
Research and development $ 18,011 $ 23,650
General and administrative 8,737 4,457
Total operating expenses 26,748 28,107
Loss from operations (26,748) (28,107)
Interest income 1,375 747
Other income (expense), net 7,159 (2,037)
Net loss $ (18,214) $ (29,397)
Net loss per share attributable to common stockholders, Basic (in dollars per share) $ (2.46) $ (11.42)
Net loss per share attributable to common stockholders, Diluted (in dollars per share) $ (3.26) $ (11.42)
Weighted-average common shares outstanding, Basic (in shares) 7,419,060 2,574,233
Weighted-average common shares outstanding, Diluted (in shares) 7,783,182 2,574,233
Comprehensive loss:    
Net loss $ (18,214) $ (29,397)
Unrealized gain on short-term investments 8  
Comprehensive loss $ (18,206) $ (29,397)