Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Statement of Comprehensive Income [Abstract]
License revenue	$ 0	$ 0	$ 70,000	$ 0
Operating expenses:
Research and development	9,319	12,556	19,825	26,101
General and administrative	4,101	9,574	9,065	16,275
Total operating expenses	13,420	22,130	28,890	42,376
Income (loss) from operations	(13,420)	(22,130)	41,110	(42,376)
Other income (expense):
Interest income	1,118	464	1,713	1,101
Other income (expense)	1,741	1,757	3,158	3,141
Total other income (expense), net	2,859	2,221	4,871	4,242
Net income (loss)	$ (10,561)	$ (19,909)	$ 45,981	$ (38,134)
Net income (loss) per share basic (in dollars per share)	$ (0.19)	$ (0.36)	$ 0.81	$ (0.71)
Net income (loss) per share, diluted (in dollars per share)	$ (0.19)	$ (0.36)	$ 0.80	$ (0.71)
Weighted average common shares outstanding, basic (in shares)	56,803,450	55,155,220	56,734,010	53,482,034
Weighted average common shares outstanding, diluted (in shares)	56,803,450	55,155,220	57,474,118	53,482,034
Comprehensive income (loss):
Net income (loss)	$ (10,561)	$ (19,909)	$ 45,981	$ (38,134)
Other comprehensive income (loss):
Unrealized gain (loss) on investments, net	(6)	(20)	(49)	(88)
Comprehensive income (loss)	$ (10,567)	$ (19,929)	$ 45,932	$ (38,222)