Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Summary of Reconciliation of Cash, Cash Equivalents and Restricted Cash Reported within Balance Sheet

A reconciliation of the cash, cash equivalents, and restricted cash reported within the consolidated balance sheets that sum to the total of the same amounts shown in the consolidated statements of cash flows is as follows (in thousands):

	Year Ended December 31,
	2024		2023
Cash and cash equivalents	$	40,577	$	22,353
Restricted cash		1,993		1,392
Total	$	42,570	$	23,745

Property Plant And Equipment

Depreciation expense is recognized using the straight-line method over the estimated useful life of each asset as follows:

Property and Equipment	Estimated Useful Life
Laboratory equipment	5 years
Computer software and equipment	3 years
Office furniture and fixtures	7 years
Leasehold improvements	Shorter of useful life or remaining term of related lease

Property and equipment consist of the following (in thousands):

	December 31,
	2024			2023
Property and equipment:
Laboratory equipment	$	3,927		$	2,736
Computer software and equipment		159			105
Office furniture and fixtures		961			662
Leasehold improvements		486			461
Total	$	5,533		$	3,964
Accumulated depreciation		(4,129	)		(1,921	)
Property and equipment, net	$	1,404		$	2,043

Summary of Basic and Diluted Net Loss per Share Attributable to Common Stockholders

Basic and diluted net loss per share was calculated as follows (in thousands, except share and per share data):

	Year Ended December 31,
	2024			2023
Numerator:
Net loss	$	(93,435	)	$	(62,680	)
Net loss attributable to common stockholders	$	(93,435	)	$	(62,680	)
Denominator:
Weighted-average common shares—basic and diluted		65,113,859			49,804,283
Net loss per share attributable to common stockholders—basic and diluted	$	(1.43	)	$	(1.26	)

Summary of Potentially Dilutive Securities Excluded from Calculation of Diluted Net Loss per Share

The following table sets forth the potentially dilutive securities that have been excluded from the calculation of diluted net loss per share because to include them would be anti-dilutive:

	Year Ended December 31,
	2024		2023
Stock options		6,314,561		5,709,980
Restricted stock units		2,143,802		105,048
Stock warrants		8,606,303		10,030,575
Total		17,064,666		15,845,603