| 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):
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For the three months ended June 30, |
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For the six months ended June 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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Expenses: |
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Canvuparatide direct program expense |
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$ |
13,943 |
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$ |
8,923 |
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$ |
22,049 |
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$ |
17,260 |
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MBX 4291 direct program expense |
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7,061 |
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2,547 |
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9,009 |
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8,322 |
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Imapextide direct program expense |
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1,026 |
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987 |
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1,947 |
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2,793 |
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Preclinical and other research and development direct expense |
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1,602 |
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1,641 |
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2,875 |
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2,850 |
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Research and development overhead expense |
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7,353 |
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3,626 |
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13,579 |
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8,905 |
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Other segment items (1) |
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6,110 |
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1,687 |
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11,153 |
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3,161 |
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Net loss |
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$ |
37,095 |
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$ |
19,411 |
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$ |
60,612 |
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$ |
43,291 |
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(1) Other segment items are primarily comprised of general and administrative expenses and interest and other income.
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