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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information Expenses

The following table presents reportable segment net loss, including significant expenses regularly provided to the CODM, attributable to the Company’s reportable segment for the years ended December 31, 2024 and 2023:

 

 

Years Ended December 31,

 

 

2024

 

 

2023

 

 

(in thousands)

 

Direct research and development expense by program:

 

 

 

 

 

 

Bempikibart

 

$

28,726

 

 

$

11,722

 

ADX-097

 

 

5,253

 

 

 

7,185

 

Discovery and other

 

 

856

 

 

 

894

 

Personnel-related costs (excluding stock-based compensation)

 

 

16,122

 

 

 

13,166

 

Other G&A expenses

 

 

9,586

 

 

 

5,824

 

Interest (income) expense, net

 

 

(2,832

)

 

 

(693

)

Other segment items (1)

 

 

(9,978

)

 

 

15,645

 

Total segment net loss

 

$

47,733

 

 

$

53,743