v3.26.3
Segments (Tables)
 9 Months Ended
Sep. 30, 2026
Single Reporting Segment  
Segment Reporting [Line Items]  
Summary of Significant Expense and Asset Categories

The table below summarizes the significant expense categories regularly reviewed by the CODM for the three and nine months ended September 30, 2026 and 2025 (in thousands).

 

 

For the three months ended September 30,

 

 

For the nine months ended September 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

   Research and development

$

12,068

 

 

$

10,328

 

 

$

36,457

 

 

$

22,132

 

   Selling, general and administrative

 

5,660

 

 

 

6,478

 

 

 

16,628

 

 

 

17,804

 

Total operating expenses

$

17,728

 

 

$

16,806

 

 

$

53,085

 

 

$

39,936

 

 

 

 

 

 

 

 

 

 

 

 

 

Net operating loss

 

(17,728

)

 

 

(16,806

)

 

 

(53,085

)

 

 

(39,936

)

Other segment items (a)

 

 

 

 

 

 

 

 

 

 

 

   Interest income

 

1,036

 

 

 

1,017

 

 

 

2,878

 

 

 

2,901

 

   Other expense, net

 

(12

)

 

 

(15

)

 

 

(16

)

 

 

(24

)

Net loss (b)

$

(16,704

)

 

$

(15,804

)

 

$

(50,223

)

 

$

(37,059

)
(a)
Other segment items in segment loss include interest income.
(b)
The Company is a single operating segment and therefore the measure of segment net loss is the same as consolidated net loss and does not require reconciliation.
The table below summarizes the significant asset categories regularly reviewed by the CODM at September 30, 2026 and September 30, 2025 (in thousands).

 

 

As of September 30,

 

 

2026

 

 

2025

 

Assets:

 

 

 

 

 

Cash and cash equivalents

$

113,729

 

 

$

99,369