Net Loss per Share (Tables)

3 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Summary of Basic and Diluted Net Loss per Share Attributable to Common Stockholders

Basic and diluted net loss per share attributable to common stockholders was calculated as follows (dollar amounts in thousands):


		Three Months Ended March 31,
		2026				2025
Numerator:
Net loss		$	(40,591	)		$	(27,270	)
Denominator:
Weighted-average common shares outstanding, basic and diluted			54,332,319				53,617,723
Net loss per share attributable to common stockholders, basic and diluted		$	(0.75	)		$	(0.51	)

Schedule of Dilutive Securities Excluded from Calculation of Diluted Net Loss per Share

The following potentially dilutive securities have been excluded from the calculation of diluted net loss per share due to their anti-dilutive effect:


		As of March 31,
		2026				2025
Anti-dilutive common stock equivalents:
Stock options to purchase common stock			9,000,985				7,927,513
Unvested restricted common stock awards			341,456				—
Total anti-dilutive common stock equivalents			9,342,441				7,927,513