v3.26.1
Segments (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Significant Segment Expenses The following table summarizes the significant segment expenses presented on the Company's condensed consolidated statements of operations and comprehensive loss:
Three Months Ended March 31,
(in thousands)20262025
Direct research and development by program
VDPHL01
17,188 9,278 
VDMN149 1,118 
VDMC26 
VDAA
Other program candidates and expenses
— 80 
Other unallocated research and development costs
Personnel expenses (including share-based compensation)3,476 879 
Other expenses
85 84 
General and administrative, excluding personnel expenses
4,608 1,050 
General and administrative, personnel expenses (including share-based compensation)
4,329 418 
Other segment items(1)
(2,630)(515)
Segment net loss
(27,232)(12,400)
(1)For the three months ended March 31, 2026 other segment items include interest income of $2.5 million and investment accretion of $0.1 million. For the three months ended March 31, 2025, other segment items include interest income of $0.5 million.