v3.26.1
Segment Reporting - Summary of Disaggregated Amounts that Comprise Research and Development and General and Administrative Expenses (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Research and development:        
Clinical development $ 13,083 $ 3,051 $ 17,917 $ 4,296
Employee-related 5,829 2,957 9,947 5,109
Facility and equipment costs 377 490 724 868
Pre-clinical research 25 127 51 244
Other research and development segment expenses 487 366 1,002 490
Total research and development 19,801 6,991 29,641 11,007
General and administrative:        
Employee-related 2,689 1,945 5,055 3,661
Professional and consulting fees 1,198 1,436 3,247 3,238
Commercial readiness 2,405 343 3,743 475
Other general and administrative segment expenses [1] 653 462 1,344 926
Total general and administrative 6,945 4,186 13,389 8,300
Total operating expenses 26,746 11,177 43,030 19,307
Loss from operations (26,746) (11,177) (43,030) (19,307)
Grant income 22   44  
Interest income 1,672 926 2,994 1,860
Interest expense (1,575) (236) (3,139) (542)
Change in fair value of warrant liabilities (12,278) 5,691 (4,635) 20,572
Net income (loss) and comprehensive income (loss) $ (38,905) $ (4,796) $ (47,766) $ 2,583
[1] Other general and administrative segment expenses primarily consist of insurance, recruiting, occupancy, and information technology costs.