v3.26.1
COLLABORATION AND LICENSE AGREEMENTS (Details) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
May 31, 2026
May 31, 2026
Jun. 30, 2025
Jun. 30, 2025
Feb. 28, 2025
Mar. 31, 2021
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Dec. 31, 2025
Jan. 31, 2025
Oct. 31, 2023
Apr. 30, 2023
Mar. 31, 2022
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]                                
Total revenue             $ 733,000 $ 6,272,000 $ 733,000 $ 6,402,000            
Royalty monetization liability             872,000   872,000   $ 872,000 $ 0        
Fair value of series seed shares             $ 42,694,000   $ 42,694,000   $ 42,694,000 $ 41,961,000        
Common stock shares issued (in shares)             184,755,735   184,755,735   184,755,735 130,184,353        
Common stock, par value (in dollars per share)             $ 0.001   $ 0.001   $ 0.001 $ 0.001        
Sale of long-term investment         $ 70,000                      
Royalty expense     $ 7,000,000.0 $ 6,300,000             $ 700,000          
Ligand Pharmaceuticals Incorporated                                
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]                                
License agreement milestone payments (up to)                           $ 30,000,000.0    
Marinus Pharmaceuticals, Inc                                
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]                                
Common stock shares issued (in shares)                               123,255
Common stock, par value (in dollars per share)                               $ 0.001
Related Party                                
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]                                
Accrued royalties $ 900,000 $ 900,000                            
Related Party | NewCo                                
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]                                
Maximum potential development milestone payments 7,500,000 7,500,000                            
Maximum potential sales milestone payments 287,000,000.0                              
Fair value of series seed shares $ 700,000 $ 700,000                            
Related Party | Takeda Pharmaceutical Company Limited                                
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]                                
Percentage of global rights           50.00%                    
Nonrefundable upfront payment           $ 196,000,000.0                    
Eligible consideration upon achieving milestones           $ 660,000,000.0                    
Maximum percentage of royalties (up to)           20.00%                    
Total revenue             $ 0 0 $ 0 0            
Related party transaction expenses recognized             0 $ 0 0 $ 0            
Related Party | Ligand Pharmaceuticals Incorporated                                
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]                                
Percentage of potential royalties 13.00% 13.00%                       13.00%    
Related Party | Minimum | NewCo                                
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]                                
Percentage of potential royalties 31.40% 31.40%                            
Related Party | Maximum | NewCo                                
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]                                
Percentage of potential royalties 37.70% 37.70%                            
Collaborative Arrangement, Co-promotion | Related Party | Ligand Pharmaceuticals Incorporated                                
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]                                
Royalty monetization liability                         $ 0      
NewCo                                
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]                                
Fair value of series seed shares             $ 733,000   $ 733,000   $ 733,000          
NewCo | Related Party                                
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]                                
Minimum beneficial ownership percentage   5.00%                            
Antidilution right, expiration threshold, percentage of convertible stock sold   25.00%                            
Antidilution right, expiration threshold, minimum equity sales   $ 40,000,000.0                            
NewCo | Related Party | Series Seed Convertible Preferred Stock                                
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]                                
Shares of series seed convertible preferred stock 740,000 740,000                            
Graviton Bioscience Corporation | Series A Preferred Stock                                
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]                                
Purchase of preferred stock                             $ 10,000,000.0