v3.26.1
Condensed 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
Income Statement [Abstract]        
Collaboration revenue $ (257) $ 8,513 $ 991 $ 12,640
Operating expenses:        
Research and development 22,512 22,507 41,812 47,649
General and administrative 6,004 6,993 12,539 13,798
Total operating expenses 28,516 29,500 54,351 61,447
Loss from operations (28,773) (20,987) (53,360) (48,807)
Other income (expense):        
Interest income 1,256 2,485 2,795 5,372
Change in fair value of long-term investments 0 (1,292) 0 (1,292)
Other income (expense), net 35 (70) 34 (78)
Total other income, net 1,291 1,123 2,829 4,002
Net loss before provision for income taxes (27,482) (19,864) (50,531) (44,805)
Provision for income taxes 0 (44) (10) (142)
Net loss (27,482) (19,908) (50,541) (44,947)
Other comprehensive income (loss):        
Unrealized loss on available-for-sale marketable securities (78) (249) (382) (337)
Comprehensive loss $ (27,560) $ (20,157) $ (50,923) $ (45,284)
Net loss per share attributable to common stockholders - basic $ (0.73) $ (0.54) $ (1.34) $ (1.21)
Net loss per share attributable to common stockholders - diluted $ (0.73) $ (0.54) $ (1.34) $ (1.21)
Weighted-average common shares outstanding - basic 37,658,250 37,156,979 37,619,885 37,088,383
Weighted-average common shares outstanding - diluted 37,658,250 37,156,979 37,619,885 37,088,383