STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Cash flows from operating activities:
Net loss	$ (36,355)	$ (31,963)	$ (66,376)	$ (56,974)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation			612	533
Stock-based compensation expense			13,128	9,954
Accretion of discount on investments, net			(1,473)	(4,523)
Changes in operating assets and liabilities:
Prepaid expenses and other assets			(1,107)	(2,843)
Accounts payable and accrued other liabilities			(8,159)	(1,958)
Net cash used in operating activities			(63,375)	(55,811)
Cash flows from investing activities:
Acquisitions of property and equipment			(450)	(551)
Purchases of investments			(189,030)	(163,282)
Maturities of investments			135,000	120,245
Net cash used in investing activities			(54,480)	(43,588)
Cash flows from financing activities:
Proceeds from issuance of common stock and pre-funded warrants			133,925	125,000
Issuance costs associated with financings			(656)	(168)
Proceeds from issuance of common stock under ESPP			757	523
Proceeds from stock option exercises			287	491
Net cash provided by financing activities			134,313	125,846
Net increase in cash, cash equivalents and restricted cash			16,458	26,447
Cash, cash equivalents and restricted cash at beginning of period			59,897	23,875
Cash, cash equivalents and restricted cash at end of period	76,355	50,322	76,355	50,322
Cash and cash equivalents	75,864	49,831	75,864	49,831
Restricted cash included in other assets	491	491	491	491
Total cash, cash equivalents and restricted cash	$ 76,355	$ 50,322	$ 76,355	$ 50,322