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Segment Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Summary of Significant Segment Expenses

The following table presents significant segment expenses for the years ended December 31, 2024 and 2023 (in thousands):

 

 

For the year ended December 31,

 

 

 

2024

 

 

2023

 

Revenue

 

$

8,333

 

 

$

15,451

 

Less:

 

 

 

 

 

 

Research and development program expense

 

 

 

 

 

 

Program expense

 

 

24,646

 

 

 

20,245

 

Consultants and contractors expense

 

 

15,204

 

 

 

20,007

 

Compensation expense

 

 

36,372

 

 

 

26,508

 

Other segment expense(a)

 

 

21,409

 

 

 

60,257

 

Consolidated net loss

 

$

(89,298

)

 

$

(111,566

)

(a) Other segment expense included in consolidated net loss includes interest income, depreciation, insurance, travel, software and subscription services, legal, professional and consulting expense, rent and facilities expense, other general and administrative expense, impairment of long-lived assets, change in fair value of term loan, change in fair value of warrant liability and other expense.