v3.26.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Adjusted research and development (1)

 

$

14,452

 

 

$

12,312

 

 

$

25,135

 

 

$

18,582

 

Adjusted general and administrative (1)

 

 

9,935

 

 

 

2,620

 

 

 

23,802

 

 

 

4,112

 

Adjusted net loss (1) (2)

 

 

(24,387

)

 

 

(14,932

)

 

 

(48,937

)

 

 

(22,694

)

Total other segment items (3)

 

 

4,201

 

 

 

2,053

 

 

 

12,118

 

 

 

2,366

 

Net loss

 

$

(20,186

)

 

$

(12,879

)

 

$

(36,819

)

 

$

(20,328

)

(1) Excludes depreciation and stock-based compensation expense.

(2) Excludes deferred revenue recognition and revenue accruals.

(3) Includes depreciation, stock-based compensation expense, interest income, other expense and collaboration revenue recognized.