Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2024

Quarterly Financial Information Disclosure [Abstract]

Summary of Selected Quarterly Financial Data

The following tables provide the selected quarterly financial data for the years ended December 31, 2024 and 2023 (in thousands, except share and per share data):

	2024
	First			Second			Third			Fourth
	Quarter			Quarter			Quarter			Quarter
Statements of Operations Data:
Operating expenses:
Research and development	$	33,776		$	31,825		$	27,244		$	25,240
General and administrative		7,283			7,073			6,795		$	4,834
Total operating expenses		41,059			38,898			34,039			30,074
Loss from operations		(41,059	)		(38,898	)		(34,039	)		(30,074	)
Interest and other income, net		1,998			1,622			1,252		$	772
Net loss	$	(39,061	)	$	(37,276	)	$	(32,787	)	$	(29,302	)
Net loss per share, basic and diluted	$	(1.09	)	$	(1.03	)	$	(0.91	)	$	(0.81	)
Weighted-average number of common shares used to compute    basic and diluted net loss per common share		35,890,370			36,043,561			36,220,736			36,265,001

	2023
	First			Second			Third			Fourth
	Quarter			Quarter			Quarter			Quarter
Statements of Operations Data:
Operating expenses:
Research and development	$	24,395		$	21,938		$	25,347		$	30,866
General and administrative		5,636			5,719			5,772			6,462
Total operating expenses		30,031			27,657			31,119			37,328
Loss from operations		(30,031	)		(27,657	)		(31,119	)		(37,328	)
Interest and other income, net		980			2,766			2,690			2,444
Net loss	$	(29,051	)	$	(24,891	)	$	(28,429	)	$	(34,884	)
Net loss per share, basic and diluted	$	(0.98	)	$	(0.70	)	$	(0.80	)	$	(0.98	)
Weighted-average number of common shares used to compute    basic and diluted net loss per common share		29,586,468			35,348,293			35,653,988			35,754,165