Related Parties |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Related Party Transactions [Abstract] | |
| Related Parties | 15. Related Parties Samsara BioCapital L.P. and Affiliates Since the Company’s inception, Samsara has provided in-kind research and development and general and administrative services to the Company. From April 2022, Samsara also began to provide general and administrative services for cash consideration related to (i) accounting and controllership, (ii) human resources, and (iii) executive assistance. In July 2023, the Company and Samsara entered into a Business Services Agreement (the “BSA”) that governs the provision of such services. The BSA has a term of five years and may be terminated upon 15 days written notice by either party. The Company recognized $0.1 million and $0.2 million for the three months ended March 31, 2026 and 2025, respectively, as general and administrative expenses, related to the services provided by Samsara under the BSA. The Company recognized immaterial amounts for the three months ended March 31, 2026 and 2025 as research and development expenses, related to the services provided by Samsara under the BSA. There were no capital contributions recognized for the three months ended March 31, 2026 and 2025. Samsara stopped providing in-kind services in July 2024. As of March 31, 2026 and December 31, 2025, the Company recognized $0.1 million and $0.1 million in accrued expenses and other current liabilities in the condensed consolidated balance sheets related to the services provided by Samsara under the BSA. As of March 31, 2026 and December 31, 2025, the Company recognized immaterial amounts in accounts payable in the condensed consolidated balance sheets related to the services provided by Samsara under the BSA. The Company recognized a $32.1 million royalty obligation - related party, as a long-term liability, under the Royalty Agreement as of March 31, 2026 and December 31, 2025. The Company issued Samsara convertible promissory notes (Note 8), redeemable convertible preferred stock and common stock. In July 2024, the Company entered into a Royalty Agreement with Samsara (Note 7). Members of the Company’s board of directors received $0.02 million and $0.01 million in consulting fees for each of the three months ended March 31, 2026 and 2025. |