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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating expenses:        
Research and development $ 54,294 $ 38,871 $ 106,999 $ 74,909
General and administrative 10,093 8,214 19,792 15,413
Total operating expenses 64,387 47,085 126,791 90,322
Loss from operations (64,387) (47,085) (126,791) (90,322)
Other income:        
Interest income 5,393 2,741 9,450 5,009
Other income, net 44 268 43 950
Change in fair value of CVR liability 0 0 0 1,700
Total other income, net 5,437 3,009 9,493 7,659
Net loss $ (58,950) $ (44,076) $ (117,298) $ (82,663)
Net loss per share attributable to common stockholders, basic $ (0.59) $ (0.59) $ (1.21) $ (1.14)
Net loss per share attributable to common stockholders, diluted $ (0.59) $ (0.59) $ (1.21) $ (1.14)
Weighted average common shares outstanding, basic 99,240,030 74,753,269 97,022,345 72,755,210
Weighted average common shares outstanding, diluted 99,240,030 74,753,269 97,022,345 72,755,210
Comprehensive loss:        
Net loss $ (58,950) $ (44,076) $ (117,298) $ (82,663)
Other comprehensive loss        
Net unrealized gains (losses) on marketable securities (153) (113) (438) 7
Total other comprehensive loss (153) (113) (438) 7
Comprehensive loss $ (59,103) $ (44,189) $ (117,736) $ (82,656)