XML 13 R6.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Total
Redeemable Convertible Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Balance at Dec. 31, 2023 $ (45,017)     $ 2,377 $ (47,394)
Balance, Shares at Dec. 31, 2023     1,362,481    
Temporary Equity Balance at Dec. 31, 2023   $ 44,408      
Temporary Equity Balance, Shares at Dec. 31, 2023   41,871,340      
Issuance of Series B-2 redeemable convertible preferred stock   $ 1,591      
Issuance of Series B-2 redeemable convertible preferred stock, Shares   1,280,000      
Capital contributions - in-kind services - related party 60     60  
Premium on issuance of convertible promissory notes 793     793  
Stock-based compensation expense 31     31  
Net loss (3,407)       (3,407)
Balance at Mar. 31, 2024 (47,540)     3,261 (50,801)
Balance, Shares at Mar. 31, 2024     1,362,481    
Temporary Equity Balance at Mar. 31, 2024   $ 45,999      
Temporary Equity Balance, Shares at Mar. 31, 2024   43,151,340      
Balance at Dec. 31, 2023 (45,017)     2,377 (47,394)
Balance, Shares at Dec. 31, 2023     1,362,481    
Temporary Equity Balance at Dec. 31, 2023   $ 44,408      
Temporary Equity Balance, Shares at Dec. 31, 2023   41,871,340      
Net loss (9,057)        
Balance at Jun. 30, 2024 (51,527)     4,924 (56,451)
Balance, Shares at Jun. 30, 2024     1,362,481    
Temporary Equity Balance at Jun. 30, 2024   $ 45,999      
Temporary Equity Balance, Shares at Jun. 30, 2024   43,151,340      
Balance at Mar. 31, 2024 (47,540)     3,261 (50,801)
Balance, Shares at Mar. 31, 2024     1,362,481    
Temporary Equity Balance at Mar. 31, 2024   $ 45,999      
Temporary Equity Balance, Shares at Mar. 31, 2024   43,151,340      
Premium on issuance of convertible promissory notes 1,341     1,341  
Stock-based compensation expense 322     322  
Net loss (5,650)       (5,650)
Balance at Jun. 30, 2024 (51,527)     4,924 (56,451)
Balance, Shares at Jun. 30, 2024     1,362,481    
Temporary Equity Balance at Jun. 30, 2024   $ 45,999      
Temporary Equity Balance, Shares at Jun. 30, 2024   43,151,340      
Balance at Dec. 31, 2024 (96,616)     19,945 (116,561)
Balance, Shares at Dec. 31, 2024     1,356,431    
Temporary Equity Balance at Dec. 31, 2024 $ 45,999 $ 45,999      
Temporary Equity Balance, Shares at Dec. 31, 2024 43,151,340 43,151,340      
Premium on issuance of convertible promissory notes $ 186     186  
Issuance of Series B-2 redeemable convertible preferred stock upon conversion of convertible promissory notes in connection with the Merger   $ 3,695      
Issuance of Series B-2 redeemable convertible preferred stock upon conversion of convertible promissory notes in connection with the Merger, Shares   794,499      
Conversion of convertible promissory notes into common stock in connection with the Merger 20,799     20,799  
Conversion of convertible promissory notes into common stock in connection with the Merger, Shares     3,418,839    
Conversion of redeemable convertible preferred stock into common stock in connection with the Merger   $ (49,694)      
Conversion of redeemable convertible preferred stock into common stock in connection with the Merger, Shares   (43,945,839)      
Conversion of redeemable convertible preferred stock into common stock in connection with the Merger 49,694   $ 1 49,693  
Conversion of redeemable convertible preferred stock into common stock in connection with the Merger, Shares     8,859,474    
Recognition of AlloVir common stock outstanding at the closing of the Merger 104,990   $ 1 104,989  
Recognition of AlloVir common stock outstanding at the closing of the Merger, Shares     5,067,674    
Transaction costs related to the Merger (5,357)     (5,357)  
Stock-based compensation expense 374     374  
Net loss (10,196)       (10,196)
Balance at Mar. 31, 2025 63,874   $ 2 190,629 (126,757)
Balance, Shares at Mar. 31, 2025     18,702,418    
Balance at Dec. 31, 2024 (96,616)     19,945 (116,561)
Balance, Shares at Dec. 31, 2024     1,356,431    
Temporary Equity Balance at Dec. 31, 2024 $ 45,999 $ 45,999      
Temporary Equity Balance, Shares at Dec. 31, 2024 43,151,340 43,151,340      
Net loss $ (21,546)        
Balance at Jun. 30, 2025 53,115   $ 2 191,220 (138,107)
Balance, Shares at Jun. 30, 2025     18,702,418    
Temporary Equity Balance at Jun. 30, 2025 $ 0        
Temporary Equity Balance, Shares at Jun. 30, 2025 0        
Balance at Mar. 31, 2025 $ 63,874   $ 2 190,629 (126,757)
Balance, Shares at Mar. 31, 2025     18,702,418    
Stock-based compensation expense 591     591  
Net loss (11,350)       (11,350)
Balance at Jun. 30, 2025 53,115   $ 2 $ 191,220 $ (138,107)
Balance, Shares at Jun. 30, 2025     18,702,418    
Temporary Equity Balance at Jun. 30, 2025 $ 0        
Temporary Equity Balance, Shares at Jun. 30, 2025 0