v3.26.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Summary of significant segment expenses and segment net loss

The following table summarizes our significant segment expenses and segment net loss for the three and six months ended June 30, 2026 and 2025 (in thousands):

 

For the three months ended June 30,

 

 

For the six months ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Canvuparatide direct program expense

 

$

13,943

 

 

$

8,923

 

 

$

22,049

 

 

$

17,260

 

MBX 4291 direct program expense

 

 

7,061

 

 

 

2,547

 

 

 

9,009

 

 

 

8,322

 

Imapextide direct program expense

 

 

1,026

 

 

 

987

 

 

 

1,947

 

 

 

2,793

 

Preclinical and other research and development direct expense

 

 

1,602

 

 

 

1,641

 

 

 

2,875

 

 

 

2,850

 

Research and development overhead expense

 

 

7,353

 

 

 

3,626

 

 

 

13,579

 

 

 

8,905

 

Other segment items (1)

 

 

6,110

 

 

 

1,687

 

 

 

11,153

 

 

 

3,161

 

Net loss

 

$

37,095

 

 

$

19,411

 

 

$

60,612

 

 

$

43,291

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Other segment items are primarily comprised of general and administrative expenses and interest and other income.