Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 11,327	$ 13,153
Marketable securities	105,892	56,482
Prepaid expenses and other current assets	6,398	4,733
Total current assets	123,617	74,368
Marketable securities - noncurrent	52,550	20,812
Net Carrying Value for the Period Ended June 30, 2026	42,694	41,961
Restricted cash	1,931	1,931
Right-of-use asset, net	10,980	11,610
Property and equipment, net	201	252
Total assets	231,973	150,934
Current liabilities:
Accounts payable	4,072	1,956
Accrued expenses	4,424	4,899
Current portion, lease liability	1,484	1,433
Total current liabilities	9,980	8,288
Long-term liabilities:
Lease liability	11,231	11,986
Royalty monetization liability	872	0
Total liabilities	22,083	20,274
Stockholders’ equity:
Common stock, $0.001 par value; 315,000,000 shares authorized; 184,755,735 and 130,184,353 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively	185	130
Additional paid-in-capital	564,165	452,445
Accumulated other comprehensive loss	(750)	(202)
Accumulated deficit	(353,710)	(321,713)
Total stockholders’ equity	209,890	130,660
Total liabilities and stockholders’ equity	$ 231,973	$ 150,934

Royalty Monetization Liability, Noncurrent

No definition available.

Name:	ovid_RoyaltyMonetizationLiabilityNoncurrent
Namespace Prefix:	ovid_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).