Stock Based Compensation (Tables)

6 Months Ended

Jun. 30, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Share-Based Compensation Expense

The Company recognized stock-based compensation expense in the Condensed Consolidated Statements of Operations as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Research and development	$	157	$	120	$	288	$	236
General and administrative		639		232	$	1,071		533
Total stock-based compensation expense	$	796	$	352	$	1,359	$	769

Schedule of Option Activity for Share-Based Payment Arrangement

The following table shows a summary of all stock option activity for the six months ended June 30, 2025:

	Number of Underlying Shares			Weighted- Average Exercise Price Per Share		Weighted- Average Contractual Life Remaining in Years		Aggregate Intrinsic Value
Outstanding as of January 1, 2025		20,691,571		$	1.60
Granted		4,377,147			0.98
Forfeited		(556,000	)		1.63
Exercised		—			—
Expired		(3,296	)		319.77
Outstanding as of June 30, 2025		24,509,422		$	1.45		7.04	$	343,096
Exercisable as of June 30, 2025		18,154,854		$	1.59		6.14	$	325,090
Vested and expected to vest		24,509,422		$	1.45		7.04	$	343,096