v3.26.3
Segments (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Significant Segment Expenses The following table summarizes the significant segment expenses presented on the Company's condensed consolidated statements of operations and comprehensive loss:
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)2026202520262025
Direct research and development by program
VDPHL01
13,156 16,647 46,590 39,458 
Other program candidates and expenses
6 174 224 1,057 
Other unallocated research and development costs
Personnel expenses (including share-based compensation)2,862 1,078 8,606 3,012 
Other expenses
51 198 187 346 
General and administrative, excluding personnel expenses
7,262 1,642 18,486 3,975 
General and administrative, personnel expenses (including share-based compensation)
5,442 609 14,101 1,488 
Other segment items(1)
(7,780)(245)(16,461)(1,188)
Segment net loss
(20,999)(20,103)(71,733)(48,148)
(1)For the three months ended September 30, 2026, other segment items include interest income of $5.1 million and investment accretion of $2.6 million. For the three months ended September 30, 2025, other segment items
include interest income of $0.1 million and investment accretion of $0.1 million. For the nine months ended September 30, 2026 other segment items include interest income of $12.4 million and investment accretion of $4.0 million. For the nine months ended September 30, 2025, other segment items include interest income of $0.7 million and investment accretion of $0.5 million.