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Condensed 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
Operating expenses:        
Research and development (including related party amounts of $230, $222, $458 and $446, respectively) $ 15,738 $ 10,516 $ 31,115 $ 20,317
General and administrative (including related party amounts of $131, $136, $265 and $271, respectively) 5,831 4,527 10,872 9,126
Total operating expenses 21,569 15,043 41,987 29,443
Loss from operations (21,569) (15,043) (41,987) (29,443)
Interest income 2,486 3,250 5,189 6,545
Net loss $ (19,083) $ (11,793) $ (36,798) $ (22,898)
Net loss per share, basic $ (0.34) $ (0.21) $ (0.65) $ (0.41)
Net loss per share, diluted $ (0.34) $ (0.21) $ (0.65) $ (0.41)
Weighted-average shares of common stock outstanding, basic 56,859,388 56,555,960 56,808,888 56,522,244
Weighted-average shares of common stock outstanding, diluted 56,859,388 56,555,960 56,808,888 56,522,244