XML 14 R4.htm IDEA: XBRL DOCUMENT v3.26.3
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Condensed Consolidated Statements of Operations and Comprehensive Loss        
Collaboration revenue $ 0 $ 0 $ 0 $ 6,941
Operating expenses:        
Research and development 69,506 49,193 175,772 126,516
General and administrative 20,856 10,945 52,056 31,677
Total operating expenses 90,362 60,138 227,828 158,193
Loss from operations (90,362) (60,138) (227,828) (151,252)
Interest income 4,579 2,681 15,079 8,758
Net loss $ (85,783) $ (57,457) $ (212,749) $ (142,494)
Per share information:        
Net loss per share, basic $ (0.76) $ (0.65) $ (1.88) $ (1.68)
Net loss per share, diluted $ (0.76) $ (0.65) $ (1.88) $ (1.68)
Weighted-average shares outstanding, basic 113,564,748 87,957,868 113,326,406 84,824,298
Weighted-average shares outstanding, diluted 113,564,748 87,957,868 113,326,406 84,824,298
Comprehensive loss:        
Net loss $ (85,783) $ (57,457) $ (212,749) $ (142,494)
Unrealized (loss) gain on marketable securities (134) 24 (467) (57)
Comprehensive loss $ (85,917) $ (57,433) $ (213,216) $ (142,551)