STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Operating expenses
Research and development	$ 93,798	$ 42,318
General and administrative	20,219	18,820
Total operating expenses	114,017	61,138
Loss from operations	(114,017)	(61,138)
Other income (expense)
Interest income	14,317	10,791
Interest expense	(4,068)	(581)
Change in fair value of embedded derivatives	1,590	(1,360)
Other expense, net	(151)	(83)
Total other income	11,688	8,767
Net loss	(102,329)	(52,371)
Other comprehensive gain (loss)
Unrealized gain (loss) on marketable securities	(360)	1,063
Comprehensive loss	$ (102,689)	$ (51,308)
Net loss per common share, basic (in dollars per share)	$ (1.71)	$ (1.08)
Net loss per common share, diluted (in dollars per share)	$ (1.71)	$ (1.08)
Weighted-average shares outstanding, basic (in shares)	60,013,277	48,609,383
Weighted-average shares outstanding diluted (in shares)	60,013,277	48,609,383