v3.26.1
Segment Information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The following table presents segment net loss, including significant expense categories (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Research and development expenses:
External research and development expenses(1)
$15,694 $11,291 $28,625 $21,269 
Personnel-related expenses, excluding stock-based compensation3,6212,4947,1004,877
Facility and information technology allocated expenses297464782904
General and administrative expenses:
Personnel-related expenses, excluding stock-based compensation3,5162,4177,3814,649
General corporate and facility expenses(2)
2,2281,9024,2143,845
Other segment items(3)
4,530(500)8,563(994)
Net loss$29,886 $18,068 $56,665 $34,550 
(1)External research and development expenses consist primarily of costs paid to third-parties including contract research organizations, contract development and manufacturing organizations, consultants, advisors and lab-related vendors.
(2)General corporate and facility expenses consists primarily of professional services fees for legal, finance, human resources, medical affairs in addition to information technology expenses and rent expense, net of sublease income.
(3)Other segment items consists primarily of interest income, partially offset by taxes and non-cash expenses, such as stock-based compensation, depreciation, and amortization of discounts and premiums on marketable securities.