v3.26.1
Segment Information
3 Months Ended
Mar. 31, 2026
Segment Information [Abstract]  
Segment Information

6. Segment Information

 

The Company has one reportable segment: lysosomal storage disorders. The lysosomal storage disorders segment consists of the Company’s costs associated with the preclinical and clinical development of the Company’s product candidates. The Company currently is in the clinical stage and manages its business activities on an aggregate basis.

 

The accounting policies of the lysosomal storage disorders segment are consistent with those described in Note 2, Summary of Significant Accounting Policies, and the measure of segment assets is reported on the balance sheets as total assets. The Company’s CODM is the chief executive officer. The CODM assesses performance of the lysosomal storage disorders segment using operating expenses as reported in the statements of operations and comprehensive loss. Operating expenses is assessed by the CODM to make decisions on how to allocate resources, such as determining additional costs for preclinical and clinical development of the Company’s product candidates.

 

The following table summarized significant segment expenses for the three months ended March 31, 2026 and 2025:

 

    Lysosomal Storage
Disorders Segment
 
    Three Months Ended
March 31,
 
    2026     2025  
    (In thousands)  
Research and development expenses (excluding stock compensation)   $ (679 )   $ (372 )
General and administrative expenses (excluding stock compensation)     (812 )     (229 )
Stock-based compensation     (467 )     (4,451 )
Other expense – direct listing offering costs     (586 )      
Net loss   $ (2,544 )   $ (5,052 )