CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Income Statement [Abstract]
Collaboration revenue	$ 210,782	$ 129,013
Operating expenses:
Research and development	125,306	99,884
General and administrative	38,465	32,291
Total operating expenses	163,771	132,175
Income (loss) from operations	47,011	(3,162)
Other income:
Interest and other income	19,474	15,218
Total other income	19,474	15,218
Income before provision for income taxes	66,485	12,056
Provision for income taxes	(859)	(18,741)
Net income (loss)	$ 65,626	$ (6,685)
Net income (loss) per share, basic (in dollars per share)	$ 1.76	$ (0.20)
Net income (loss) per share, diluted (in dollars per share)	$ 1.68	$ (0.20)
Weighted-average common shares outstanding, basic (in shares)	37,306,363	33,050,319
Weighted-average common shares outstanding, diluted (in shares)	39,003,169	33,050,319
Other comprehensive loss:
Unrealized (loss) gain on marketable securities, net of tax of $0	$ (238)	$ 2,252
Total other comprehensive (loss) income	(238)	2,252
Total comprehensive income (loss)	$ 65,388	$ (4,433)