XML 33 R22.htm IDEA: XBRL DOCUMENT v3.25.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Schedule of Segment Reporting Information, by Segment
The table below shows a reconciliation of the Company's net loss, including the significant expense categories regularly provided to and reviewed by the CODM, as computed under U.S. GAAP, to the Company's total consolidated net loss in the condensed consolidated statements of operations:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Revenue:
License revenue$5,000 $— $5,000 $— 
Total revenue5,000 — 5,000 — 
Operating expenses:
Research and development expenses(1)
8,334 6,583 13,499 16,926 
Selling, general, and administrative expenses(1)
10,678 6,172 19,889 10,970 
Share-based compensation expense2,845 1,597 5,400 2,544 
Total operating expenses21,857 14,352 38,788 30,440 
Loss from operations(16,857)(14,352)(33,788)(30,440)
Other income (expense):
Other income (expense)199 1,635 188 287 
Interest income2,246 2,463 4,569 3,251 
Net loss before income taxes(14,412)(10,254)(29,031)(26,902)
Income tax expense500 — 500 — 
Net loss$(14,912)$(10,254)$(29,531)$(26,902)
__________________
(1)Amounts exclude share-based compensation expense.