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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Operating expenses:                    
Research and development $ 10,328     $ 16,884     $ 51,656 $ 46,406 $ 64,219 $ 38,622
General and administrative 7,082     4,484     16,537 12,937 17,190 14,615
Total operating expenses 17,410     21,368     68,193 59,343 81,409 53,237
Loss from operations (17,410)     (21,368)     (68,193) (59,343) (81,409) (53,237)
Other income (expense):                    
Interest income 1,183     1,804     4,014 4,236 5,945 1,830
Other expense:                 (1) (79)
Total other income (10)     1     (19) (1) 5,944 1,751
Net loss before income taxes                 (75,465) (51,486)
Provision for income taxes                 56 25
Net loss (16,237)     (19,563)     (64,198) (55,108) (75,521) (51,511)
Comprehensive loss:                    
Net loss (16,237) $ (24,775) $ (23,186) (19,563) $ (19,025) $ (16,520) (64,198) (55,108) (75,521) (51,511)
Other comprehensive loss:                    
Unrealized gain (loss) on securities 307     (22)     (13) 243 703 (407)
Comprehensive loss $ (15,930)     $ (19,585)     $ (64,211) $ (54,865) $ (74,818) $ (51,918)
Net loss per share, basic $ (0.56)     $ (0.71)     $ (2.25) $ (2.13) $ (2.87) $ (2.10)
Net loss per share, diluted $ (0.56)     $ (0.71)     $ (2.25) $ (2.13) $ (2.87) $ (2.10)
Weighted-average shares of common stock outstanding, basic 28,863,327     27,640,542     28,572,338 25,872,118 26,331,630 24,472,104
Weighted-average shares of common stock outstanding, diluted 28,863,327     27,640,542     28,572,338 25,872,118 26,331,630 24,472,104