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Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Collaboration revenue $ 10,000 $ 10,588 $ 8,083
Operating expenses:      
Research and development 125,896 68,388 54,922
General and administrative 41,771 41,047 26,140
Total operating expenses 167,667 109,435 81,062
Loss from operations (157,667) (98,847) (72,979)
Other income:      
Interest income 44,042 29,853 14,686
Total other income 44,042 29,853 14,686
Net loss (113,625) (68,994) (58,293)
Other comprehensive gain (loss):      
Unrealized gain on available-for-sale securities, net 2,153 1,498 2,200
Comprehensive loss $ (111,472) $ (67,496) $ (56,093)
Net loss per common share, basic $ (1.83) $ (1.28) $ (1.32)
Net loss per common share, diluted $ (1.83) $ (1.28) $ (1.32)
Weighted-average shares of common stock outstanding, basic 61,966,999 53,751,480 44,016,283
Weighted-average shares of common stock outstanding diluted 61,966,999 53,751,480 44,016,283