Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Summary of Segment Loss Including Significant Segment Expenses

The following table sets forth the Company’s summary of segment loss, including significant segment expenses for the three months ended March 31, 2025 and 2024 (in thousands):

		Three Months Ended March 31,
		2025				2024
Research and development expenses:
KYV-101 program	$		22,120		$		10,997
Other programs			559				2,628
Other research and development expenses(a)			14,754				8,851
General and administrative expenses(b)			9,975				6,882
Interest income			(2,825	)			(2,735	)
Other expense, net			52				70
Segment Loss and Net loss	$		44,635		$		26,693

(a) Primarily includes personnel costs, R&D professional services, unallocated CRO and CMO costs and allocated overhead and facilities expenses

(b) Primarily includes personnel costs, allocated overhead and facilities expenses, legal, IT, accounting and general and administrative expenses