v3.26.1
CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating expenses:    
Research and development $ 7,575 $ 10,837
General and administrative 4,412 3,655
Total operating expenses 11,987 14,492
Loss from operations (11,987) (14,492)
Interest expense (674) (36)
Interest and other income, net 486 329
Change in fair value of warrant and conversion option liabilities (91) 158
Net loss and comprehensive loss $ (12,266) $ (14,041)
Net loss per share, basic $ (8.94) $ (23.95)
Net loss per share, diluted $ (8.94) $ (23.95)
Weighted-average shares of common stock outstanding, basic 1,372,084 586,142
Weighted-average shares of common stock outstanding, diluted 1,372,084 586,142