CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents		$ 20,158	$ 35,140
Marketable securities		188,872	30,654
Prepaid expenses and other current assets		2,773	1,450
Restricted cash		114	0
Total current assets		211,917	67,244
Property and equipment, net		651	54
Operating lease right-of-use asset		1,338	318
Deferred offering costs		0	2,739
Other assets		1,398	21
Total assets		215,304	70,376
Current liabilities:
Accounts payable		4,257	5,711
Accrued liabilities		6,149	12,803
Total current liabilities		10,406	18,514
Operating lease liability, net		814	192
Other noncurrent liabilities		0	121
Preferred stock warrants liability		0	871
Total liabilities		11,220	19,698
Commitments and contingencies (Note 7)
Convertible preferred and common stock:
Total convertible preferred and common stock		0	143,390
Stockholders' deficit:
Common stock, par value of $0.00001 per share; 300,000,000 and 16,017,929 shares authorized at December 31, 2024 and 2023, respectively; 27,531,490 and 2,004,783 shares issued at December 31, 2024 and 2023, respectively; and 27,518,439 and 1,969,360 shares outstanding at December 31, 2024 and 2023, respectively	[1]	1	10
Additional paid-in capital		348,901	2,517
Accumulated deficit		(145,014)	(95,245)
Accumulated other comprehensive income		196	6
Total stockholders’ equity (deficit)		204,084	(92,712)	[2]
Total liabilities, convertible preferred and common stock and stockholders’ equity (deficit)		215,304	70,376
Series A Convertible Preferred Stock
Convertible preferred and common stock:
Total convertible preferred and common stock		0	44,621	[2]
Series A-1 Convertible Preferred Stock
Convertible preferred and common stock:
Total convertible preferred and common stock		0	9,893	[2]
Series B Convertible Preferred Stock
Convertible preferred and common stock:
Total convertible preferred and common stock		0	82,976
Class B Convertible Common Stock
Convertible preferred and common stock:
Total convertible preferred and common stock		$ 0	$ 5,900	[2]

[1] Retroactively recast for the reverse recapitalization as described in Note 3.

[2] Retroactively recast for the reverse recapitalization as described in Note 3.