Equity Incentive Plan (Tables)

12 Months Ended

Dec. 31, 2024

Equity Incentive Plan

Schedule of assumptions used in valuation of stock options

	Year ended December 31,
	2024	2023
Expected volatility	83.8%-92.3%	84.8%-91.6%
Risk‑free rate	4.18%-4.64%	3.41%-4.73%
Expected dividend yield	0%	0%
Expected term in years	5.50 - 10.00	5.50 - 10.00

Summary of stock option activity

			Weighted‑		Weighted
			average		average
			exercise		remaining	Aggregate
	Number of		price per		contractual	intrinsic
	options		share		term (in years)	value
Outstanding at December 31, 2022		480,274	$	89.49	6.8	$
Granted		123,062		5.68
Cancelled/Forfeited		(6,870)		21.80
Outstanding at December 31, 2023		596,466	$	72.95	6.2	$	45,825
Granted		147,340		5.79
Cancelled/Forfeited		(28,186)		5.36
Outstanding at December 31, 2024		715,620	$	61.79	6.1	$	—
Exercisable at December 31, 2024		516,242	$	83.26	5.0	$	—
Vested or expected to vest at December 31, 2024		715,620	$	61.79	6.1	$	—

Summary of restricted stock units activity

		Weighted‑
		average
		grant date
	Shares	fair value
Outstanding at December 31, 2022	12,734	$	21.80
Granted	20,493		8.81
Vested	(5,102)		21.80
Cancelled/Forfeited	(4,255)		21.80
Outstanding at December 31, 2023	23,870	$	10.00
Granted	23,090		5.56
Vested	(10,518)		5.08
Cancelled/Forfeited	(6,730)		5.25
Outstanding at December 31, 2024	29,712	$	7.83