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Condensed Consolidated Statements of Operations (Parenthetical) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Research and development [1] $ 65,503 $ 40,145 $ 125,914 $ 81,768
General and administrative [2] 16,136 11,790 31,366 23,734
Related Party        
Research and development 0 0 3,100 2,600
General and administrative $ 200 $ 200 $ 500 $ 500
[1] Includes de minimis related party expenses for the three months ended June 30, 2026 and 2025. Includes related party expenses of $3.1 million and $2.6 million for the six months ended June 30, 2026 and 2025, respectively.
[2] Includes related party expenses of $0.2 million for the three months ended June 30, 2026 and 2025, and $0.5 million for the six months ended June 30, 2026 and 2025.