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Condensed Consolidated 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 under licensing agreements $ 0 $ 925 $ 0 $ 925
Operating expenses:        
Research and development expenses 19,366 15,744 37,131 29,285
General and administrative expenses 6,715 5,315 14,869 10,553
Total operating expenses 26,081 21,059 52,000 39,838
Loss from operations (26,081) (20,134) (52,000) (38,913)
Other income (expense):        
Interest income 2,928 2,035 6,134 4,355
Interest expense (1) (4) (3) (7)
Other income 1,212 144 1,360 287
Other expense (74) (533) (154) (1,135)
Net loss $ (22,016) $ (18,492) $ (44,663) $ (35,413)
Per share information:        
Net loss per share, basic (in dollars per share) $ (1.05) $ (1.09) $ (2.12) $ (2.09)
Net loss per share, diluted (in dollars per share) $ (1.05) $ (1.09) $ (2.12) $ (2.09)
Weighted-average shares of common stock outstanding, basic (in shares) 21,055,378 16,941,524 21,025,996 16,922,630
Weighted-average shares of common stock outstanding, diluted (in shares) 21,055,378 16,941,524 21,025,996 16,922,630