v3.26.1
Segments (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
Mar. 31, 2026
USD ($)
Jun. 30, 2025
USD ($)
Mar. 31, 2025
USD ($)
Jun. 30, 2026
USD ($)
segment
Jun. 30, 2025
USD ($)
Segment Reporting [Abstract]            
Number of operating segments | segment         1  
Number of reportable segments | segment         1  
Segment Reporting [Line Items]            
Research and development expense $ 18,607   $ 14,329   $ 39,532 $ 25,776
Net loss (23,502) $ (27,232) (15,645) $ (12,400) (50,734) (28,045)
Interest income 4,838   103   7,319 585
Reportable Segment            
Segment Reporting [Line Items]            
General and administrative, excluding personnel expenses 6,616   1,283   11,224 2,333
General and administrative, personnel expenses (including share-based compensation) 4,330   461   8,659 879
Other segment items (6,051)   (428)   (8,681) (943)
Net loss (23,502)   (15,645)   (50,734) (28,045)
Interest income 4,800   100   7,300 600
Investment accretion 1,300   400   1,400 400
Reportable Segment | VDPHL01            
Segment Reporting [Line Items]            
Research and development expense 16,246   13,533   33,434 22,811
Reportable Segment | Other program candidates and expenses            
Segment Reporting [Line Items]            
Research and development expense 42   (323)   218 883
Reportable Segment | Personnel expenses (including share-based compensation)            
Segment Reporting [Line Items]            
Research and development expense 2,268   1,055   5,744 1,934
Reportable Segment | Other expenses            
Segment Reporting [Line Items]            
Research and development expense $ 51   $ 64   $ 136 $ 148