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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating expenses:        
Research and development $ 15,025 $ 10,521 $ 26,498 $ 20,279
General and administrative 6,412 4,999 12,607 9,634
Total operating expenses 21,437 15,520 39,105 29,913
Loss from operations (21,437) (15,520) (39,105) (29,913)
Other income (expense), net:        
Interest income 2,694 1,770 4,140 3,577
Other expense, net (55) (164) (319) (334)
Total other income, net 2,639 1,606 3,821 3,243
Net loss $ (18,798) $ (13,914) $ (35,284) $ (26,670)
Net loss per share—basic $ (0.52) $ (0.63) $ (1.2) $ (1.22)
Net loss per share—diluted $ (0.52) $ (0.63) $ (1.2) $ (1.22)
Weighted-average common stock outstanding—basic 36,132,616 21,971,032 29,361,710 21,945,940
Weighted-average common stock outstanding—diluted 36,132,616 21,971,032 29,361,710 21,945,940
Comprehensive loss:        
Net Income (Loss) $ (18,798) $ (13,914) $ (35,284) $ (26,670)
Other comprehensive income (loss):        
Unrealized gain (loss) on available-for-sale investments, net of tax 51 (436) 64 (332)
Comprehensive loss $ (18,747) $ (14,350) $ (35,220) $ (27,002)