v3.26.1
Segment Reporting - Summary of the Segment Profit or Loss, including Significant Segment Expenses (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting Information [Line Items]            
Total revenue $ 5,000   $ 983   $ 10,000 $ 1,966
Stock-based compensation         4,998 1,828
Other income (expense), including loss on execution of the 2025 PIPE 20,361   16,218   (20,745) 54,203
Segment and consolidated net income (loss) 50,177 $ (127,505) 39,746 $ (26,970) (77,328) 12,776
Operating Segments [Member]            
Segment Reporting Information [Line Items]            
Compensation excluding stock-based compensation (3,861)   (3,283)   (8,306) (6,613)
Consultants and third-party services (2,163)   (1,459)   (5,127) (2,756)
Stock-based compensation (2,893)   (994)   (4,998) (1,828)
Development and manufacturing costs (2,388)   (1,509)   (4,442) (3,619)
Professional services (1,983)   (646)   (3,754) (1,389)
Rent and facility expenses (949)   (1,112)   (1,965) (2,221)
Depreciation and amortization (51)   (137)   (116) (431)
Other income (expense), including loss on execution of the 2025 PIPE [1] 60,547   48,763   (56,502) 31,344
Other segment items [2] (1,082)   (860)   (2,118) (1,677)
Segment and consolidated net income (loss) $ 50,177   $ 39,746   $ (77,328) $ 12,776
[1]

(1) Other information not reported to CODM includes loss on execution of the 2025 PIPE, loss on amendment and cancellation of warrants, interest income, gain/loss on change in fair value of tranche liability, and gain/loss on change in fair value of warrant liabilities, which are reported as other (expense) income, net on the unaudited consolidated statements of operations and comprehensive (loss) income.
[2]

(2) Other segment items primarily consist of lab expenses and information technology costs.