v3.26.3
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Options Fair Value Assumptions
The weighted-average assumptions used to estimate the fair value of the stock options granted during the nine months ended September 30, 2026 were as follows:
Nine Months Ended September 30, 2026
Expected volatility97.58 %
Risk-free interest rate4.10 %
Expected dividend yield0 %
Expected term (in years)5.97
Schedule of Stock-Based Compensation Expense
The following table presents the classification of stock-based compensation expense for the three and nine months ended September 30, 2026 and 2025 (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Research and development$1,037 $495 $2,742 $1,459 
General and administrative987 489 2,685 1,388 
Total$2,024 $984 $5,427 $2,847