Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Segment Reporting Information by Segment

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 three months ended March 31, 2026 and 2025:

	Three Months Ended March 31,
	2026			2025
Direct research and development expense by program:
Bempikibart	$	1,310		$	2,764
ADX-097		—			569
Discovery and other		3			43
Personnel-related costs (excluding stock-based compensation)		2,691			4,549
Other G&A expenses		2,029			2,706
Interest income, net		(192	)		(371	)
Other segment items (1)		1,768			771
Total segment net loss	$	7,609		$	11,031

(1) Other segment items are included in order to reconcile to total segment net loss. Other segment items include non-cash items such as depreciation and amortization expense, stock-based compensation expense and the change in fair value of contingent value rights.