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Condensed Statements of Operations and Comprehensive Loss (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 $ 58,195 $ 29,311 $ 99,473 $ 52,511
General and administrative 21,946 8,032 37,862 15,944
Total operating expenses 80,141 37,343 137,335 68,455
Loss from operations (80,141) (37,343) (137,335) (68,455)
Other income (expense):        
Interest income 6,320 5,104 13,226 9,290
Interest expense (1,874) (1,912) (3,667) (3,819)
Other (expense) income, net (836) 443 (449) 893
Total other income, net 3,610 3,635 9,110 6,364
Net loss (76,531) (33,708) (128,225) (62,091)
Other comprehensive loss:        
Change in unrealized gains and losses on marketable securities (127) (277) 134 (700)
Comprehensive loss $ (76,658) $ (33,985) $ (128,091) $ (62,791)
Net loss per share attributable to common stockholders, basic $ (1.2) $ (0.62) $ (2.01) $ (1.17)
Net loss per share attributable to common stockholders, diluted $ (1.2) $ (0.62) $ (2.01) $ (1.17)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic 63,789,303 54,728,552 63,730,756 52,850,242
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted 63,789,303 54,728,552 63,730,756 52,850,242