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Consolidated Statements of Operations (Parenthetical) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Research and development [1] $ 171,653 $ 162,790 $ 89,504
General and administrative [2] 47,909 45,776 39,946
Related Party      
Research and development 10,500 40,100 48,500
General and administrative $ 1,000 $ 1,100 $ 100
[1] Includes $10.5 million, $40.1 million and $48.5 million in related party expenses for the years ended December 31, 2025, 2024 and 2023, respectively.
[2] Includes $1.0 million, $1.1 million and $0.1 million in related party expenses for the years ended December 31, 2025, 2024 and 2023, respectively.