Segment reporting (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables presents selected financial information with respect to the Company’s single operating segment for the three and six months ended June 30, 2025 and 2024.

(in thousands)	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Revenue	$	—	$	—	$	—	$	—
Operating expenses:
Development expenses	12,605		11,645		27,155		22,646
Research expenses	8,846		7,589		16,570		14,807
General and administrative	8,521		7,833		17,142		16,220
Segment operating expenses	29,972		27,067		60,867		53,673
Reconciliation of profit or loss
Non-operating income	(2,481)		(3,726)		(5,323)		(7,584)
Adjustments or reconciling items(1)	(1,471)		(5,625)		(3,202)		(12)
Consolidated net loss	$	(26,020)	$	(17,716)	$	(52,342)	$	(46,077)

(1) The reconciling items include revenue and stock-based compensation expense for the three and six months ended June 30, 2025 and the three months ended June 30, 2024. The reconciling items include revenue, stock-based compensation expense, and restructuring expense for the six months ended June 30, 2024.