XML 40 R33.htm IDEA: XBRL DOCUMENT v3.25.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information The following table presents the measure of segment assets regularly provided to the CODM (in thousands):

 

 

June 30, 2025

 

 

December 31, 2024

 

Cash, cash equivalents and short-term investments

 

 

34,708

 

 

 

40,784

 

 

The following table presents financial information, including significant segment expenses, which are regularly provided to the CODM and included within consolidated net loss (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Research and development:

 

 

 

 

 

 

 

 

 

 

 

 

Personnel

 

$

1,294

 

 

$

757

 

 

$

2,614

 

 

$

1,544

 

Stock-based compensation

 

 

438

 

 

 

81

 

 

 

873

 

 

 

187

 

Clinical and contract manufacturing

 

 

5,342

 

 

 

3,718

 

 

 

12,069

 

 

 

7,040

 

Other

 

 

(521

)

 

 

(409

)

 

 

(858

)

 

 

(922

)

General and administrative:

 

0

 

 

 

 

 

 

 

 

 

 

Personnel

 

 

1,038

 

 

 

1,568

 

 

 

2,765

 

 

 

2,995

 

Stock-based compensation

 

 

834

 

 

 

1,142

 

 

 

1,785

 

 

 

2,310

 

Consulting and professional costs

 

 

786

 

 

 

1,015

 

 

 

2,252

 

 

 

2,613

 

Other

 

 

684

 

 

 

970

 

 

 

1,329

 

 

 

1,748

 

Goodwill impairment charge

 

 

—

 

 

 

17,130

 

 

 

—

 

 

 

17,130

 

Fair value adjustment for contingent consideration

 

 

532

 

 

 

2,220

 

 

 

2,456

 

 

 

4,765

 

Total operating expenses

 

 

10,427

 

 

 

28,192

 

 

 

25,285

 

 

 

39,410

 

Loss from operations

 

 

(10,427

)

 

 

(28,192

)

 

 

(25,285

)

 

 

(39,410

)

Other segment items

 

 

(5,622

)

 

 

463

 

 

 

(5,794

)

 

 

532

 

Net loss

 

$

(16,049

)

 

$

(27,729

)

 

$

(31,079

)

 

$

(38,878

)