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STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating expenses:        
Research and development $ 25,784 $ 29,509 $ 54,600 $ 56,918
General and administrative 6,410 7,655 12,200 14,589
Total operating expenses 32,194 37,164 66,800 71,507
Loss from operations (32,194) (37,164) (66,800) (71,507)
Other income, net 963 2,424 3,484 5,336
Net loss $ (31,231) $ (34,740) $ (63,316) $ (66,171)
Per share information:        
Net loss per share of common stock, basic $ (0.41) $ (0.46) $ (0.83) $ (0.87)
Net loss per share of common stock, diluted $ (0.41) $ (0.46) $ (0.83) $ (0.87)
Weighted average common shares outstanding, basic 75,993,941 75,762,152 75,990,132 75,748,989
Weighted average common shares outstanding, diluted 75,993,941 75,762,152 75,990,132 75,748,989
Comprehensive loss:        
Net loss $ (31,231) $ (34,740) $ (63,316) $ (66,171)
Unrealized loss on marketable securities, net of tax (13) (55) (36) (513)
Comprehensive loss $ (31,244) $ (34,795) $ (63,352) $ (66,684)