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STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating expenses:    
Revenue from license agreement $ 7,000  
Research and development 117,995 $ 103,393
General and administrative 28,719 28,884
Total operating expenses 146,714 132,277
Loss from operations (139,714) (132,277)
Other income, net 12,541 10,445
Net loss $ (127,173) $ (121,832)
Per share information:    
Net loss per share of common stock, basic $ (1.68) $ (2.02)
Net loss per share of common stock, diluted $ (1.68) $ (2.02)
Weighted average common shares outstanding, basic 75,805,840 60,357,052
Weighted average common shares outstanding diluted 75,805,840 60,357,052
Comprehensive loss    
Net Income (Loss) $ (127,173) $ (121,832)
Unrealized (loss) gain on marketable securities, net of tax (188) 1,915
Comprehensive loss $ (127,361) $ (119,917)