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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Condensed Consolidated Statements of Operations and Comprehensive Loss    
Collaboration revenue $ 2,926 $ 1,029
Operating expenses:    
In-process research and development   111,954
Research and development 36,872 15,369
General and administrative 10,690 6,005
Total operating expenses 47,562 133,328
Loss from operations (44,636) (132,299)
Interest income 2,996 2,807
Net loss $ (41,640) $ (129,492)
Per share information:    
Net loss per share, basic $ (0.52) $ (2.51)
Net loss per share, diluted $ (0.52) $ (2.51)
Weighted-average shares outstanding, basic 79,410,354 51,544,383
Weighted-average shares outstanding, diluted 79,410,354 51,544,383
Comprehensive loss:    
Net loss $ (41,640) $ (129,492)
Unrealized loss on marketable securities (60) (18)
Comprehensive loss $ (41,700) $ (129,510)