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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS        
Revenues $ 5 $ 5 $ 10 $ 10
Operating expenses:        
Research and development 17,236 21,155 33,063 42,642
General and administrative 5,691 5,595 11,684 10,907
Total operating expenses 22,927 26,750 44,747 53,549
Loss from operations (22,922) (26,745) (44,737) (53,539)
Other income (expense):        
Interest expense (264) (1) (265) (2)
Interest income 1,132 2,182 2,677 4,595
Other income (expense), net (92) (76) (77) (88)
Total other income (expense), net 776 2,105 2,335 4,505
Net loss before income taxes (22,146) (24,640) (42,402) (49,034)
Income tax expense (benefit)     (681)  
Net loss (22,146) (24,640) (41,721) (49,034)
Other comprehensive income - unrealized loss on short-term investments (36) (31) (66) (188)
Comprehensive loss $ (22,182) $ (24,671) $ (41,787) $ (49,222)
Net loss per share, basic $ (0.27) $ (0.35) $ (0.53) $ (0.69)
Net loss per share, diluted $ (0.27) $ (0.35) $ (0.53) $ (0.69)
Weighted-average common shares outstanding, basic 81,477,548 70,924,371 78,529,028 70,863,042
Weighted-average common shares outstanding, diluted 81,477,548 70,924,371 78,529,028 70,863,042