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Condensed 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 $ 21,170 $ 33,032 $ 47,139 $ 61,606
In-process research and development 7,500 22,500 7,500 22,500
General and administrative 9,455 12,250 19,116 22,527
Total operating expenses 38,125 67,782 73,755 106,633
Loss from operations (38,125) (67,782) (73,755) (106,633)
Other income (expense)        
Interest income 4,330 5,041 9,070 8,941
Other expense, net (81) (460) (157) (526)
Total other income (expense), net 4,249 4,581 8,913 8,415
Net loss $ (33,876) $ (63,201) $ (64,842) $ (98,218)
Net loss per share, basic $ (0.12) $ (0.29) $ (0.23) $ (0.53)
Net loss per share, diluted $ (0.12) $ (0.29) $ (0.23) $ (0.53)
Weighted-average shares of common stock used in computing net loss per share, basic 283,355,730 217,806,567 283,308,273 184,484,154
Weighted-average shares of common stock used in computing net loss per share, diluted 283,355,730 217,806,567 283,308,273 184,484,154
Other comprehensive income (loss):        
Unrealized (loss) gain on marketable securities, net $ (213) $ 14 $ 10 $ (273)
Comprehensive loss $ (34,089) $ (63,187) $ (64,832) $ (98,491)