v3.26.1
Segment reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
The following table presents selected financial information with respect to the Company’s single operating segment for the three and six months ended June 30, 2026 and 2025 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Revenue$— $— $— $— 
Operating expenses:
Development expenses12,597 12,605 25,186 27,155 
Research expenses8,524 8,846 17,234 16,570 
General and administrative8,907 8,521 18,874 17,142 
Segment operating expenses30,028 29,972 61,294 60,867 
Reconciliation of profit or loss
Non-operating income(2,788)(2,481)(5,444)(5,323)
Adjustments or reconciling items(1)(3,605)(1,471)(7,086)(3,202)
Consolidated net loss$(23,635)$(26,020)$(48,764)$(52,342)
(1) The reconciling items include revenue and stock-based compensation expense for the three and six months ended June 30, 2026 and 2025.