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Segment Reporting
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Reporting

Note 13. Segment Reporting

The Company operates and manages its business as one reportable and operating segment. The determination of a single operating segment is consistent with the financial information regularly provided to the Company’s chief operating decision maker (the “CODM”). The CODM assesses performance for the single segment and decides how to allocate resources based on net loss that also is reported on the statements of operations and comprehensive loss. The monitoring of budgeted versus actual results are used in assessing performance of the segment, and making operating decisions, allocating resources, and planning and forecasting for future periods. The measure of segment assets is reported on the balance sheets as total assets.

In addition to the significant expense categories included within net loss presented on the statements of operations and comprehensive loss, see below for disaggregated amounts that comprise research and development expenses:

 

 

Year Ended

 

 

 

December 31,

 

 

 

2024

 

 

2023

 

External research and development expenses:

 

 

 

 

 

 

Clinical trials expenses

 

$

15,626

 

 

$

21,200

 

Consulting and outside services

 

 

4,707

 

 

 

4,770

 

Other external research and development (1)

 

 

6,911

 

 

 

12,340

 

Total external research and development expenses

 

 

27,244

 

 

 

38,310

 

 

 

 

 

 

 

 

Internal research and development expenses:

 

 

 

 

 

 

Personnel related expenses

 

 

13,244

 

 

 

16,561

 

Total research and development expenses

 

$

40,488

 

 

$

54,871

 

(1) Chemistry manufacturing controls, research and preclinical studies and other miscellaneous expenses.