v3.26.1
Segment Reporting - Schedule of Segment Reporting Presents Reportable Segment Profit and Loss (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue $ 65,000 $ 11,476 $ 99,365 $ 33,576
Less:        
Research and development 119,481 78,388 217,644 158,643
External research and development [1] 32,067 23,339 57,028 49,683
Research and development compensation and related personnel expense [2] 27,901 21,958 55,840 44,007
Research and development overhead and administrative costs 13,841 10,898 25,892 22,155
General and administrative [3] 21,126 17,645 41,484 33,916
Interest and other expense 81 108 141 180
Plus: [Abstract]        
Interest income 14,477 8,051 29,459 16,968
Segment net loss (61,211) (76,614) (130,445) (142,195)
STAT6 [Member]        
Less:        
Research and development $ 45,672 $ 22,193 $ 78,884 $ 42,798
[1] Certain prior period amounts have been recast to conform with current period presentation.
[2] Research and development compensation and related personnel expense for the three months ended June 30, 2026 and 2025 is inclusive of $10.4 and $8.0 million of stock-based compensation expense, respectively. Research and development compensation and related personnel expense for the six months ended June 30, 2026 and 2025 is inclusive of $19.0 and $15.6 million of stock-based compensation expense, respectively.
[3] General and administrative expense for the three months ended June 30, 2026 and 2025 is inclusive of $8.6 million and $7.4 million of stock-based compensation expense, respectively. General and administrative expense for the six months ended June 30, 2026 and 2025 is inclusive of $16.0 million and $14.1 million of stock-based compensation expense, respectively.