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Condensed Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Research and collaboration revenue $ 111 $ 0 $ 640 $ 194
Operating expenses        
Research and development 18,470 9,832 35,680 17,677
General and administrative 7,494 2,494 13,282 4,568
Total operating expenses 25,964 12,326 48,962 22,245
Loss from operations (25,853) (12,326) (48,322) (22,051)
Other income (expense), net:        
Interest income, net 6,943 771 12,487 1,817
Other (expense) income, net: 8 (58) (1) (50)
Total other income (expense), net 6,951 713 12,486 1,767
Net loss and comprehensive loss (18,902) (11,613) (35,836) (20,284)
Cumulative redeemable convertible preferred stock dividends 0 (3,776) 0 (7,510)
Net loss attributable to common stockholders $ (18,902) $ (15,389) $ (35,836) $ (27,794)
Net loss per share , basic $ (0.28) $ (3.93) $ (0.63) $ (7.15)
Net loss per share , diluted $ (0.28) $ (3.93) $ (0.63) $ (7.15)
Weighted average shares of common stock outstanding, basic 66,649,443 3,918,509 56,857,104 3,885,713
Weighted average shares of common stock outstanding, diluted 66,649,443 3,918,509 56,857,104 3,885,713