v3.26.1
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating Expenses:        
Research and development $ 5,097 $ 11,481 $ 11,217 $ 22,267
General and administrative 2,641 2,497 5,338 5,486
Total operating expenses 7,738 13,978 16,555 27,753
Loss from operations (7,738) (13,978) (16,555) (27,753)
Other income (expense):        
Grant income 3,518 7,106 7,497 12,192
Other income, net 291 141 564 355
Interest expense (3) (3) (8) (8)
Total other income, net 3,806 7,244 8,053 12,539
Net loss and comprehensive loss $ (3,932) $ (6,734) $ (8,502) $ (15,214)
Net loss per share:        
Net loss per share, basic (in dollars per share) $ (0.04) $ (0.11) $ (0.09) $ (0.24)
Net loss per share, diluted (in dollars per share) $ (0.04) $ (0.11) $ (0.09) $ (0.24)
Weighted-average common shares outstanding:        
Weighted-average common shares outstanding, basic (in shares) 90,624,381 63,690,945 89,911,806 62,169,748
Weighted-average common shares outstanding, diluted (in shares) 90,624,381 63,690,945 89,911,806 62,169,748