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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue:        
Collaboration revenue $ 0 $ 1,143 $ 0 $ 1,885
Operating expenses:        
Research and development 13,143 15,271 26,263 28,179
General and administrative 4,399 4,832 9,270 9,828
Total operating expenses 17,542 20,103 35,533 38,007
Operating loss (17,542) (18,960) (35,533) (36,122)
Other (expense) income:        
Interest income 850 1,793 1,847 3,766
Interest expense (1,301) (1,142) (2,564) (2,145)
Loss on extinguishment of debt 0 (553) 0 (553)
Other income, net 11 1,613 179 1,612
Total other (expense) income (440) 1,711 (538) 2,680
Net loss $ (17,982) $ (17,249) $ (36,071) $ (33,442)
Net loss per share        
Net loss per common share, basic (in usd per share) $ (0.40) $ (0.40) $ (0.80) $ (0.79)
Net loss per common share, diluted (in usd per share) $ (0.40) $ (0.43) $ (0.80) $ (0.82)
Weighted-average common shares outstanding, basic and diluted        
Weighted-average common shares outstanding, basic (in shares) 44,981,746 43,521,406 44,904,880 42,564,342
Weighted-average common shares outstanding, diluted (in shares) 44,981,746 44,043,184 44,904,880 42,825,231