v3.26.1
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Loss Including Significant Segment Expenses

The table below is a summary of the segment loss, including significant segment expenses:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

(in thousands)

 

Program expenses

 

 

 

 

 

 

 

 

 

 

 

 

 Navacaprant (NMRA-140) program

 

$

(13,308

)

 

$

(22,257

)

 

$

(34,218

)

 

$

(46,750

)

 M4 PAM programs

 

 

(1,947

)

 

 

(2,370

)

 

 

(4,920

)

 

 

(5,252

)

 NMRA-511 program

 

 

(1,075

)

 

 

(2,257

)

 

 

(2,293

)

 

 

(4,837

)

 Preclinical programs

 

 

(3,022

)

 

 

(1,459

)

 

 

(5,704

)

 

 

(2,461

)

Research and development personnel-related costs

 

 

(8,786

)

 

 

(7,617

)

 

 

(18,165

)

 

 

(19,943

)

General and administrative expense

 

 

(12,907

)

 

 

(15,316

)

 

 

(27,173

)

 

 

(34,101

)

Interest income

 

 

935

 

 

 

2,250

 

 

 

2,166

 

 

 

5,324

 

Interest expense

 

 

(1,820

)

 

 

(436

)

 

 

(3,674

)

 

 

(436

)

Other segment items(1)

 

 

(1,152

)

 

 

(3,269

)

 

 

(2,559

)

 

 

(12,267

)

 Net loss

 

$

(43,082

)

 

$

(52,731

)

 

$

(96,540

)

 

$

(120,723

)

(1) Includes other research and development costs, provision for income taxes, and other income (expense).