XML 11 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Unaudited Condensed Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Collaboration revenue $ 439 $ 2,517 $ 10,588 $ 5,622
Operating expenses:        
Research and development 18,614 11,892 47,582 42,681
General and administrative 17,667 6,438 32,831 19,783
Total operating expenses 36,281 18,330 80,413 62,464
Loss from operations (35,842) (15,813) (69,825) (56,842)
Other income:        
Interest income 7,783 4,245 21,047 10,307
Total other income 7,783 4,245 21,047 10,307
Net loss (28,059) (11,568) (48,778) (46,535)
Other comprehensive gain (loss):        
Unrealized gain (loss) on available-for-sale securities, net 9,447 (115) 7,166 360
Comprehensive loss $ (18,612) $ (11,683) $ (41,612) $ (46,175)
Net loss per common share, basic $ (0.51) $ (0.25) $ (0.93) $ (1.08)
Net loss per common share, diluted $ (0.51) $ (0.25) $ (0.93) $ (1.08)
Weighted-average shares of common stock outstanding, basic 54,628,670 45,708,649 52,717,020 43,117,403
Weighted-average shares of common stock outstanding diluted 54,628,670 45,708,649 52,717,020 43,117,403