v3.26.1
Condensed Consolidated 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
Revenue        
Collaboration and license revenue $ 1,051 $ 3,076 $ 2,033 $ 5,247
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Collaboration And License Revenue Collaboration And License Revenue Collaboration And License Revenue Collaboration And License Revenue
Operating expenses:        
Research and development $ 23,402 $ 32,634 $ 45,306 $ 62,422
General and administrative 8,142 9,095 16,359 17,728
Total operating expenses 31,544 41,729 61,665 80,150
Loss from operations (30,493) (38,653) (59,632) (74,903)
Other (expense) income:        
Interest and other income, net 833 2,390 1,995 5,192
Interest expense (699) (689) (1,388) (1,368)
Total other income 134 1,701 607 3,824
Net loss $ (30,359) $ (36,952) $ (59,025) $ (71,079)
Net loss per share, basic $ (0.23) $ (0.28) $ (0.45) $ (0.55)
Net loss per share, diluted $ (0.23) $ (0.28) $ (0.45) $ (0.55)
Weighted average common shares outstanding- basic 129,948,878 129,730,451 129,931,225 129,704,655
Weighted average common shares outstanding-diluted 129,948,878 129,730,451 129,931,225 129,704,655
Comprehensive loss:        
Net loss $ (30,359) $ (36,952) $ (59,025) $ (71,079)
Other comprehensive loss:        
Unrealized loss on available-for-sale securities 0 0   (55)
Comprehensive loss $ (30,359) $ (36,952) $ (59,025) $ (71,134)