Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

Summary of Stock Option Activity

The following table summarizes the Company’s stock option activity during the year ended December 31, 2025:

	Number of Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (In Years)		Aggregate Intrinsic Value (in thousands)
Outstanding at December 31, 2024		1,942,920		$	12.93		8.33	$	12
Granted		505,911		$	2.73
Exercised		—		$	—
Cancelled		(262,300	)	$	10.77
Outstanding at December 31, 2025		2,186,531		$	2.82		7.81	$	1,567
Vested and expected to vest at    December 31, 2025		2,186,531		$	2.82		7.81	$	1,567
Exercisable at December 31, 2025		1,132,223		$	3.00		6.90	$	841

Company's RSU Activity

The following table summarizes the Company’s RSU activity during the year ended December 31, 2025:

	Number of Shares			Weighted- Average Grant Date Fair Value
Outstanding at January 1, 2025		—		$	—
Granted		467,150		$	2.54
Vested		(106,737	)	$	2.54
Forfeited		(43,200	)	$	2.54
Outstanding at December 31, 2025		317,213		$	2.54

Summary of Assumptions Used to Value Stock Options Granted

The underlying assumptions used to value stock options granted using the Black-Scholes option-pricing model prior to the Option Repricing during the years ended December 31, 2025 and 2024 were as follows:

	Years Ended December 31,
	2025		2024
Risk-free interest rate range	3.66% — 4.46%		3.48% — 4.34%
Expected dividend rate		—		—
Expected term (years) range	5.23 — 6.11		5.17 — 6.11
Expected stock price volatility range	93.7% — 95.8%		92.0% — 94.1%

Summary of Stock-Based Compensation Expense

The Company recorded stock-based compensation expense in the following expense categories of its statements of operations (in thousands):

	Years Ended December 31,
	2025		2024
Research and development	$	933	$	1,105
General and administrative		4,322		3,281
Total stock-based compensation expense	$	5,255	$	4,386