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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating expenses:    
Research and development expenses $ 13,541 $ 10,283
General and administrative expenses 5,238 2,752
Total operating expenses 18,779 13,035
Loss from operations (18,779) (13,035)
Other income (expense):    
Interest income 2,320 777
Interest expense (3) (2)
Other income 143 0
Other expense (602) (3)
Net loss $ (16,921) (12,263)
Per share information    
Net income (loss) per share, basic (in dollars per share) [1] $ (1.00)  
Net income (loss) per share, diluted (in dollars per share) [1] $ (1.00)  
Weighted-average shares outstanding used in computing net income (loss) per share, basic (in shares) [1] 16,903,735  
Weighted-average shares outstanding used in computing net income (loss) per share, diluted (in shares) [1] 16,903,735  
Class A Common Stock    
Other income (expense):    
Net loss   $ (12,263)
Per share information    
Net income (loss) per share, basic (in dollars per share) [1]   $ (28.28)
Net income (loss) per share, diluted (in dollars per share) [1]   $ (28.28)
Weighted-average shares outstanding used in computing net income (loss) per share, basic (in shares) [1]   433,623
Weighted-average shares outstanding used in computing net income (loss) per share, diluted (in shares) [1]   433,623
Class B Common Stock    
Other income (expense):    
Net loss   $ 0
Per share information    
Net income (loss) per share, basic (in dollars per share)   $ 0
Net income (loss) per share, diluted (in dollars per share)   $ 0
Weighted-average shares outstanding used in computing net income (loss) per share, basic (in shares)   0
Weighted-average shares outstanding used in computing net income (loss) per share, diluted (in shares)   0
[1] For the three months ended March 31, 2023, net loss per share information is presented for the Company’s then outstanding Class A common stock. For the three months ended March 31, 2024, net loss per share information is presented for the Company’s common stock.