Condensed Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 46,642	$ 58,279
Prepaid expenses and other current assets	2,798	10,053
Total current assets	49,440	68,332
Property and equipment, net	200	3,766
Operating lease right-of-use assets	5,178	6,852
Restricted cash	369	369
Other non-current assets	0	619
Total assets	55,187	79,938
Current liabilities:
Accounts payable	6,397	12,932
Accrued expenses and other current liabilities	8,381	6,662
Operating lease liabilities, current	787	2,079
Total current liabilities	15,565	21,673
Operating lease liabilities, non-current	6,089	6,692
Warrant liability, non-current	17,914
Total liabilities	39,568	28,365
Commitments and contingencies (Note 7)
Stockholders' equity
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of September 30, 2025 and December 31, 2024; 0 shares issued and outstanding as of September 30, 2025 and December 31, 2024
Common stock, $0.0001 par value; 300,000,000 shares authorized as of September 30, 2025 and December 31, 2024; 59,508,518 and 36,310,713 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively	6	4
Additional paid-in capital	469,273	438,820
Accumulated deficit	(453,660)	(387,251)
Total stockholders' equity	15,619	51,573
Total liabilities and stockholders' equity	$ 55,187	$ 79,938