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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
Operating expenses:        
Research and development $ 3,871 $ 5,837 $ 11,498 $ 10,177
General and administrative 4,095 3,745 7,404 7,379
Loss from operations (7,966) (9,582) (18,902) (17,556)
Other income (expense), net:        
Interest expense (46) (372) (207) (740)
Interest income and other income (expense), net 142 384 379 822
Total other income (expense), net 96 12 172 82
Provision for income taxes 0 0 0 0
Net loss $ (7,870) $ (9,570) $ (18,730) $ (17,474)
Net loss per share of common stock, RSUs and pre-funded warrants, basic [1] $ (2.07) $ (5.52) $ (5.17) $ (10.15)
Net loss per share of common stock, RSUs and pre-funded warrants, diluted [1] $ (2.07) $ (5.52) $ (5.17) $ (10.15)
Weighted-average shares of common stock, RSUs and pre-funded warrants outstanding, basic [1] 3,802,956 1,734,335 3,621,329 1,722,327
Weighted-average shares of common stock, RSUs and pre-funded warrants outstanding, diluted [1] 3,802,956 1,734,335 3,621,329 1,722,327
[1] Results, including shares of common stock, have been adjusted to reflect the one-for-thirteen stock split effected in April 2025. See Note 1, Organization and Description of the Business, for details.