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Consolidated statements of operations and comprehensive loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]    
Collaboration revenue - related party $ 2,370 $ 2,380
Operating expenses:    
Research and development 62,966 31,799
General and administrative 17,168 10,695
Total operating expenses 80,134 42,494
Loss from operations (77,764) (40,114)
Other income (expense):    
Change in fair value of preferred stock tranche right liabilities 2,859 15,527
Interest income 12,123 4,165
Other expense, net (24) (115)
Total other income, net 14,958 19,577
Net loss (62,806) (20,537)
Redeemable convertible preferred stock cumulative dividends (13,589) (17,718)
Net loss attributable to common stockholders $ (76,395) $ (38,255)
Net loss per share attributable to common stockholders, basic $ (5.58) $ (12.95)
Net loss per share attributable to common stockholders, diluted $ (5.58) $ (12.95)
Weighted-average common shares outstanding, basic 13,682,326 2,953,756
Weighted-average common shares outstanding, diluted 13,682,326 2,953,756
Comprehensive loss:    
Net loss $ (62,806) $ (20,537)
Unrealized gain (loss) on investments, net of tax (46) 21
Total other comprehensive income (loss) (46) 21
Comprehensive loss $ (62,852) $ (20,516)