Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Segment Reporting Presents Reportable Segment Profit and Loss

The following table presents reportable segment profit and loss, including significant expense categories, attributable to the Company’s reportable segment for the periods presented:


	Three Months Ended March 31,
	2026			2025
Revenue	$	34,365		$	22,100
Less:
Research and development expenses
External research and development:
STAT6		33,211			20,605
Other external research and development expense (1)		24,962			26,378
Research and development compensation and related personnel expense (2)		27,939			22,049
Research and development overhead and administrative costs		12,050			11,223
General & administrative (3)		20,357			16,271
Interest and other expense		61			72
Plus:
Interest income		14,981			8,917
Segment net loss	$	(69,234	)	$	(65,581	)

(1) Certain prior period amounts have been recast to conform with current period presentation.

(2) Research and development compensation and related personnel expense for the quarter ended March 31, 2026 and 2025 is inclusive of $8.6 million and $7.5 million of stock-based compensation expense, respectively.

(3) General and administrative expense for the quarter ended March 31, 2026 and 2025 is inclusive of $7.4 million and $6.7 million of stock-based compensation expense, respectively.