v3.26.1
Condensed Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating expenses:        
Research and development $ 9,142 $ 16,566 $ 18,262 $ 39,463
General and administrative 3,624 4,710 7,278 11,525
Total operating expenses 12,766 21,276 25,540 50,988
Loss from operations (12,766) (21,276) (25,540) (50,988)
Change in fair value of common warrant liability 4,119 227 3,538 227
Gain on sale of property and equipment 0   510  
Interest and other income, net 319 309 749 759
Net and comprehensive loss $ (8,328) $ (20,740) $ (20,743) $ (50,002)
Net loss per common share, basic $ (0.12) $ (0.51) $ (0.29) $ (1.29)
Net loss per common share, diluted $ (0.12) $ (0.51) $ (0.29) $ (1.29)
Weighted-average number of common shares used to compute basic net loss per common share 72,360,235 40,630,403 72,330,005 38,639,834
Weighted-average number of common shares used to compute diluted net loss per common share 72,360,235 40,630,403 72,330,005 38,639,834