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Consolidated 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 $ 28,424 $ 25,901 $ 51,238 $ 49,797
General and administrative 3,968 6,948 11,039 13,922
Total operating expenses 32,392 32,849 62,277 63,719
Loss from operations (32,392) (32,849) (62,277) (63,719)
Interest income 1,398 2,999 3,081 5,917
Interest expense 0 0 0 (2)
Other expense, net (223) (51) (235) (113)
Loss before income tax provision (31,217) (29,901) (59,431) (57,917)
Income tax provision 0 0 0 0
Net loss $ (31,217) $ (29,901) $ (59,431) $ (57,917)
Net loss per share, basic $ (0.34) $ (0.33) $ (0.65) $ (0.68)
Net loss per share, diluted $ (0.34) $ (0.33) $ (0.65) $ (0.68)
Weighted-average common shares used in computing net loss per share, diluted 91,085,506 90,632,045 91,120,502 84,848,146
Weighted-average common shares used in computing net loss per share, basic 91,085,506 90,632,045 91,120,502 84,848,146
Other comprehensive loss        
Unrealized loss on treasury securities, net of tax $ (32) $ 0 $ (57) $ 0
Total other comprehensive loss (32) 0 (57) 0
Comprehensive loss $ (31,249) $ (29,901) $ (59,488) $ (57,917)