CONDENSED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Income Statement [Abstract]
Revenue	$ 18	$ 49,898	$ 47	$ 67,482
Operating expenses
Research and development	12,768	17,225	26,356	30,568
General and administrative	9,127	8,527	17,680	16,955
Total operating expenses	21,895	25,752	44,036	47,523
Operating (loss) income	(21,877)	24,146	(43,989)	19,959
Other (expense) income:
(Loss) gain from equity method investment	(665)	(950)	677	763
(Loss) gain on changes in fair value	(2,464)	694	(2,415)	346
Gain (loss) on change in fair value of warrant liability	753	7,765	(51)	18,151
Interest expense	358	560	712	1,134
Interest income	1,116	1,843	2,439	3,506
Loss on disposal of assets	(25)	(189)	(34)	(254)
Total other (expense) income	(1,643)	8,603	(96)	21,378
(Loss) income from operations	(23,520)	32,749	(44,085)	41,337
Net (loss) income	$ (23,520)	$ 32,749	$ (44,085)	$ 41,337
Net (loss) income per share
Net (loss) income per share - Basic (in USD per shares)	$ (2.13)	$ 4.70	$ (4.33)	$ 6.87
Net (loss) income per share - Diluted (in USD per shares)	$ (2.13)	$ 4.67	$ (4.33)	$ 6.81
Weighted-average shares of common stock outstanding
Weighted-average shares of common stock outstanding - Basic (in shares)	11,046,401	6,966,680	10,174,193	6,013,829
Weighted-average shares of common stock outstanding - Diluted (in shares)	11,046,401	7,011,630	10,174,193	6,067,620