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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating expenses:        
Research and development [1] $ 33,206 $ 13,946 $ 61,922 $ 22,401
General and administrative [2] 10,916 4,939 20,381 9,142
Total operating expenses 44,122 18,885 82,303 31,543
Loss from operations (44,122) (18,885) (82,303) (31,543)
Other income, net:        
Interest income, net 10,306   16,393 133
Total other income, net 10,306   16,393 133
Net loss $ (33,816) $ (18,885) $ (65,910) $ (31,410)
Net loss per share, basic $ (0.6) $ (3.78) $ (1.24) $ (6.28)
Net loss per share, diluted $ (0.6) $ (3.78) $ (1.24) $ (6.28)
Weighted-average common shares outstanding, basic 56,515,003 5,000,000 53,352,406 5,000,000
Weighted-average common shares outstanding, diluted 56,515,003 5,000,000 53,352,406 5,000,000
[1] Includes related-party amounts of $2,221 and $8,678 for the three and six months ended June 30, 2024, respectively, and $5,884 and $13,411 for the three and six months ended June 30, 2023, respectively.
[2] No related-party amounts for the three and six months ended June 30, 2024, and $14 and $33 for the three and six months ended June 30, 2023, respectively.