v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue    
Total revenue $ 12,648 $ 2,930
Revenue from Contract with Customer, Product and Service Collaboration And License Member Collaboration And License Member
Operating expenses    
Research and development $ 19,832 $ 8,266
General and administrative 6,928 8,515
Total operating expenses 26,760 16,781
Loss from operations (14,112) (13,851)
Other income, net    
Change in fair value of common stock warrant liabilities 3,300 0
Other income, net 1,283 586
Total other income, net 4,583 586
Net loss and comprehensive loss $ (9,529) $ (13,265)
Net loss per share, basic (in dollars per share) $ (0.58) $ (2.49)
Net loss per share, diluted (in dollars per share) $ (0.58) $ (2.49)
Weighted average common shares outstanding, basic (in shares) 16,347,538 5,335,740
Weighted average common shares outstanding, diluted (in shares) 16,347,538 5,335,740