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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 21,943 $ 15,526
Marketable securities 182,817 109,664
Prepaid expenses and other current assets 1,628 2,516
Total current assets 206,388 127,706
Property and equipment, net 989 678
Other long-term assets 3 1,283
Operating lease right-of-use assets 5,467 719
Total assets 212,847 130,386
Current liabilities:    
Accounts payable 1,811 635
Accrued expenses 6,711 4,385
Current portion of operating lease liabilities 1,452 464
Total current liabilities 9,974 5,484
Other long-term liabilities 0 110
Operating lease liabilities, net of current portion 4,807 108
Total liabilities 14,781 5,702
Commitments and contingencies (Note 11)
Convertible preferred stock, $0.001 par value; no shares authorized, issued, or outstanding at December 31, 2024; authorized shares—16,940,594 at December 31, 2023; issued and outstanding shares—15,906,236 shares at December 31, 2023. 0 192,620
Stockholders’ equity (deficit):    
Preferred stock, $0.001 par value; authorized shares—10,000,000 at December 31, 2024; no shares issued or outstanding at December 31, 2024; no shares authorized, issued, or outstanding at December 31, 2023 0 0
Additional paid-in-capital 315,371 7,098
Accumulated deficit (117,402) (75,144)
Accumulated other comprehensive income 71 108
Total stockholders’ equity (deficit) 198,066 (67,936)
Total liabilities, convertible preferred stock and stockholders’ equity (deficit) 212,847 130,386
Common Class A [Member]    
Stockholders’ equity (deficit):    
Common stock 19 2
Common Class B [Member]    
Stockholders’ equity (deficit):    
Common stock $ 7 $ 0