Segment Information

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Segment Information

13. Segment Information

The Company manages the business activities at the consolidated level and operates in one operating and reportable segment. The Company’s CODM is its chief executive officer. The CODM primarily utilizes long-range financial projections and cash runway in order to allocate resources and to assess performance. As of March 31, 2025, the Company has no revenue and all the Company’s long-lived assets were located within the United States. The CODM is regularly provided with the following significant segment expenses:

	Three Months Ended March 31,
	2025			2024
Interest income	$	2,703		$	3,295
Less:
Direct program expense		9,961			4,753
Personnel expense		4,377			4,269
Stock-based compensation expense		3,539			3,184
Other segment items(1)		2,541			2,194
Segment net loss	$	(17,715	)	$	(11,105	)
Adjustments for reconciling items
Net loss	$	(17,715	)	$	(11,105	)

(1)Other segment items included in Segment net loss includes professional services, consulting and other outside services expenses, depreciation expense, insurance, facilities and other overhead items.