v3.26.1
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Common Stock Activity
The following table summarizes the Company’s common stock option activity for the six months ended June 30, 2026:
Number of
Common
Stock
Options		Weighted-Average
Exercise Price		Weighted-Average
Remaining
Contractual Term		Aggregate
Intrinsic Value
(in years)(in thousands)
Outstanding as of December 31, 20255,767,799$12.01 8.3$168,007 
Granted2,121,26739.12 
Exercised(440,654)7.26 
Cancelled or forfeited(112,178)17.07 
Outstanding as of June 30, 20267,336,234$20.06 8.3$175,572 
Exercisable as of June 30, 20262,771,649$11.27 7.3$90,698 
Schedule of Stock-Based Compensation
During the three and six months ended June 30, 2026, and 2025, the Company recorded stock-based compensation in the accompanying condensed consolidated statements of operations and comprehensive loss as follows (in thousands):

Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Research and development expense
$2,205 $1,084 $4,225 $1,888 
General and administrative expense
4,637 1,756 9,170 3,046 
Total
$6,842 $2,840 $13,395 $4,934