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Condensed Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating expenses    
Research and development $ 12,449 $ 8,713
General and administrative 5,325 4,422
Total operating expenses 17,774 13,135
Loss from operations (17,774) (13,135)
Other income (expense)    
Interest income 4,005 1,832
Interest expense (1,000) 0
Change in fair value of embedded derivatives (50) 0
Other expense, net (54) (4)
Total other income 2,901 1,828
Net loss (14,873) (11,307)
Other comprehensive gain (loss)    
Unrealized loss on marketable securities (456) 227
Comprehensive loss $ (15,329) $ (11,080)
Net loss per common share, basic (in dollars per share) $ (0.25) $ (0.28)
Net loss per common share, diluted (in dollars per share) $ (0.25) $ (0.28)
Weighted-average shares outstanding, basic (in shares) 59,812,000 41,025,062
Weighted-average shares outstanding diluted (in shares) 59,812,000 41,025,062