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Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenues $ 0 $ 0 $ 0 $ 0
Operating expenses:        
Research and development 23,769 13,917 47,872 24,925
General and administrative 10,285 9,823 20,255 19,352
Total operating expenses 34,054 23,740 68,127 44,277
Loss from operations (34,054) (23,740) (68,127) (44,277)
Other income (expense):        
Amortization of financing costs (18) (32) (46) (60)
Interest income, net 11,820 4,547 18,565 5,581
Realized gain on investments, net 2 0 2 0
Total other income, net 11,804 4,515 18,521 5,521
Net loss (22,250) (19,225) (49,606) (38,756)
Other comprehensive loss, net of tax:        
Unrealized gain (loss) on securities (699) (417) (1,824) 84
Foreign currency translation gain (loss) 26 (5) (59) (22)
Comprehensive loss $ (22,923) $ (19,647) $ (51,489) $ (38,694)
Basic net loss per common share $ (0.2) $ (0.19) $ (0.46) $ (0.44)
Diluted net loss per common share $ (0.2) $ (0.19) $ (0.46) $ (0.44)
Weighted-average shares used to compute basic net loss per share 110,390,171 99,009,710 106,923,738 88,737,834
Weighted-average shares used to compute diluted net loss per share 110,390,171 99,009,710 106,923,738 88,737,834