v3.26.1
SEGMENT REPORTING - Schedule of Direct Expenses With Respect to Program Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]            
Revenue $ 733   $ 6,272   $ 733 $ 6,402
Total research and development expenses 9,957   6,465   21,137 13,123
Total general and administrative expenses 6,474   4,880   13,138 10,902
Total operating expenses 16,431   11,345   34,275 24,025
Operating loss (15,698)   (5,073)   (33,542) (17,623)
Other income (expense), net 689   389   1,546 2,704
Net loss (15,009) $ (16,988) (4,684) $ (10,235) (31,996) (14,919)
Reportable Segment            
Segment Reporting [Line Items]            
Revenue 733   6,272   733 6,402
Payroll and payroll-related expenses 2,241   1,803   4,165 3,639
Total direct program expenses 6,695   4,089   15,480 8,333
Other research and development expenses 1,021   573   1,492 1,151
Total research and development expenses 9,957   6,465   21,137 13,123
Payroll and payroll-related expenses 2,737   2,248   4,852 5,378
Legal and professional fees 2,189   1,278   4,960 2,729
General office expenses 1,548   1,354   3,326 2,795
Total general and administrative expenses 6,474   4,880   13,138 10,902
Total operating expenses 16,431   11,345   34,275 24,025
Operating loss (15,698)   (5,073)   (33,542) (17,623)
Other income (expense), net 689   389   1,546 2,704
Net loss (15,009)   (4,684)   (31,996) (14,919)
Reportable Segment | OV329            
Segment Reporting [Line Items]            
Total direct program expenses 3,410   1,582   8,873 2,441
Reportable Segment | OV4071            
Segment Reporting [Line Items]            
Total direct program expenses 2,564   0   3,546 0
Reportable Segment | KCC2 library            
Segment Reporting [Line Items]            
Total direct program expenses 604   2,625   2,714 5,403
Reportable Segment | OV888 (GV101)            
Segment Reporting [Line Items]            
Total direct program expenses 0   (563)   0 (224)
Reportable Segment | Other programs            
Segment Reporting [Line Items]            
Total direct program expenses $ 117   $ 445   $ 347 $ 713