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Condensed Consolidated Statements of Convertible Preferred Stock and Stockholders' Deficit (Unaudited) - USD ($)
$ in Thousands
Total
Series A Convertible Preferred Stock
Series B Convertible Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Convertible Preferred Stock, beginning balance at Dec. 31, 2022   $ 29,567          
Convertible Preferred Stock, beginning balance, shares at Dec. 31, 2022   40,182,354          
Beginning balance at Dec. 31, 2022 $ (10,062)     $ 4 $ 586   $ (10,652)
Beginning balance, shares at Dec. 31, 2022       3,587,345      
Issuance of convertible preferred stock for the settlement of the tranche right liability, net of issuance costs 11,465 $ 59,920     11,465    
Issuance of convertible preferred stock for the settlement of the tranche right liability, net of issuance costs, shares   60,000,000          
Issuance of restricted common stock 24       24    
Issuance of restricted common stock, shares       273,166      
Stock-based compensation expense 723       723    
Net loss (6,147)           (6,147)
Convertible Preferred Stock, ending balance at Mar. 31, 2023   $ 89,487          
Convertible Preferred Stock, ending balance, shares at Mar. 31, 2023   100,182,354          
Ending balance at Mar. 31, 2023 (3,997)     $ 4 12,798   (16,799)
Ending balance, shares at Mar. 31, 2023       3,860,511      
Convertible Preferred Stock, beginning balance at Dec. 31, 2022   $ 29,567          
Convertible Preferred Stock, beginning balance, shares at Dec. 31, 2022   40,182,354          
Beginning balance at Dec. 31, 2022 (10,062)     $ 4 586   (10,652)
Beginning balance, shares at Dec. 31, 2022       3,587,345      
Net loss (12,558)            
Convertible Preferred Stock, ending balance at Jun. 30, 2023   $ 89,487          
Convertible Preferred Stock, ending balance, shares at Jun. 30, 2023   100,182,354          
Ending balance at Jun. 30, 2023 (9,433)     $ 4 13,773   (23,210)
Ending balance, shares at Jun. 30, 2023       4,217,519      
Convertible Preferred Stock, beginning balance at Dec. 31, 2022   $ 29,567          
Convertible Preferred Stock, beginning balance, shares at Dec. 31, 2022   40,182,354          
Beginning balance at Dec. 31, 2022 (10,062)     $ 4 586   (10,652)
Beginning balance, shares at Dec. 31, 2022       3,587,345      
Net loss (34,800)            
Convertible Preferred Stock, ending balance at Dec. 31, 2023 $ 166,578 $ 89,487 $ 77,091        
Convertible Preferred Stock, ending balance, shares at Dec. 31, 2023 151,456,144 100,182,354 51,273,790        
Ending balance at Dec. 31, 2023 $ (25,634)     $ 4 19,796 $ 4 (45,438)
Ending balance, shares at Dec. 31, 2023 4,170,817     4,170,817      
Convertible Preferred Stock, beginning balance at Mar. 31, 2023   $ 89,487          
Convertible Preferred Stock, beginning balance, shares at Mar. 31, 2023   100,182,354          
Beginning balance at Mar. 31, 2023 $ (3,997)     $ 4 12,798   (16,799)
Beginning balance, shares at Mar. 31, 2023       3,860,511      
Issuance of restricted common stock 30       30    
Issuance of restricted common stock, shares       357,008      
Stock-based compensation expense 945       945    
Net loss (6,411)           (6,411)
Convertible Preferred Stock, ending balance at Jun. 30, 2023   $ 89,487          
Convertible Preferred Stock, ending balance, shares at Jun. 30, 2023   100,182,354          
Ending balance at Jun. 30, 2023 (9,433)     $ 4 13,773   (23,210)
Ending balance, shares at Jun. 30, 2023       4,217,519      
Convertible Preferred Stock, beginning balance at Dec. 31, 2023 $ 166,578 $ 89,487 $ 77,091        
Convertible Preferred Stock, beginning balance, shares at Dec. 31, 2023 151,456,144 100,182,354 51,273,790        
Beginning balance at Dec. 31, 2023 $ (25,634)     $ 4 19,796 4 (45,438)
Beginning balance, shares at Dec. 31, 2023 4,170,817     4,170,817      
Issuance of convertible preferred stock for the settlement of the tranche right liability, net of issuance costs $ 7,343   $ 68,161   7,343    
Issuance of convertible preferred stock for the settlement of the tranche right liability, net of issuance costs, shares     38,157,240        
Stock-based compensation expense 1,491       1,491    
Net loss (22,669)           (22,669)
Change in unrealized gain (loss) on investments, net of tax (164)         (164)  
Convertible Preferred Stock, ending balance at Mar. 31, 2024   $ 89,487 $ 145,252        
Convertible Preferred Stock, ending balance, shares at Mar. 31, 2024   100,182,354 89,431,030        
Ending balance at Mar. 31, 2024 (39,633)     $ 4 28,630 (160) (68,107)
Ending balance, shares at Mar. 31, 2024       4,170,817      
Convertible Preferred Stock, beginning balance at Dec. 31, 2023 $ 166,578 $ 89,487 $ 77,091        
Convertible Preferred Stock, beginning balance, shares at Dec. 31, 2023 151,456,144 100,182,354 51,273,790        
Beginning balance at Dec. 31, 2023 $ (25,634)     $ 4 19,796 4 (45,438)
Beginning balance, shares at Dec. 31, 2023 4,170,817     4,170,817      
Net loss $ (40,790)            
Change in unrealized gain (loss) on investments, net of tax (187)            
Convertible Preferred Stock, ending balance, shares at Jun. 30, 2024   0 0        
Ending balance at Jun. 30, 2024 $ 336,886     $ 36 423,261 (183) (86,228)
Ending balance, shares at Jun. 30, 2024 36,576,457     36,576,457      
Convertible Preferred Stock, beginning balance at Mar. 31, 2024   $ 89,487 $ 145,252        
Convertible Preferred Stock, beginning balance, shares at Mar. 31, 2024   100,182,354 89,431,030        
Beginning balance at Mar. 31, 2024 $ (39,633)     $ 4 28,630 (160) (68,107)
Beginning balance, shares at Mar. 31, 2024       4,170,817      
Conversion of Series A convertible preferred stock to common stock upon closing of the intial public offering 89,487 $ (89,487)   $ 12 89,475    
Conversion of Series A convertible preferred stock to common stock upon closing of the intial public offering, shares   (100,182,354)   11,701,298      
Conversion of Series B convertible preferred stock to common stock upon closing of the initial public offering 145,252   $ (145,252) $ 10 145,242    
Conversion of Series B Convertible Preferred Stock to Common Stock Upon Closing of the Initial Public Offering, Shares     (89,431,030) 10,445,518      
Issuance of common stock from initial public offering, net of issuance costs 140,868     $ 9 140,859    
Issuance of common stock from initial public offering, net of issuance costs, shares       9,200,000      
Issuance of common stock from private placement, net of issuance cost 16,702     $ 1 16,701    
Issuance of common stock from private placement, net of issuance cost, shares       1,058,824      
Stock-based compensation expense 2,354       2,354    
Net loss (18,121)           (18,121)
Change in unrealized gain (loss) on investments, net of tax (23)         (23)  
Convertible Preferred Stock, ending balance, shares at Jun. 30, 2024   0 0        
Ending balance at Jun. 30, 2024 $ 336,886     $ 36 $ 423,261 $ (183) $ (86,228)
Ending balance, shares at Jun. 30, 2024 36,576,457     36,576,457