Personnel-related expenses decreased by $10.6 million, to $11.0 million for the three months ended June 30, 2026, from $21.6 million for the three months ended June 30, 2025, primarily due to severance costs related to the ACELYRIN Merger incurred in the prior year, partially offset by an increase of $2.0 million in stock-based compensation expense driven by additional equity awards granted.

filing / Aug 13, 2026 / receipt

Personnel-related expenses decreased by $7.2 million, to $21.7 million for the six months ended June 30, 2026, from $28.9 million for the six months ended June 30, 2025, primarily due to severance costs related to the ACELYRIN Merger incurred in the prior year, partially offset by an increase in general and administrative headcount, and included an increase of $3.8 million in stock-based compensation expense driven b

filing / Aug 13, 2026 / receipt

We continuously monitor and, where necessary, may reduce our operating expenses in response to our clinical development progress and our ability and need to raise additional capital through a combination of public and private equity, debt financings, strategic alliances, and licensing arrangements.

filing / Aug 13, 2026 / receipt

We have operating lease arrangements for office and laboratory space in South San Francisco, California and office space in Southern California.

filing / Aug 13, 2026 / receipt

The implementation of cost containment measures or other healthcare reforms may prevent us from being able to generate revenue, attain profitability or commercialize our product candidates, if approved.

filing / Aug 13, 2026 / receipt

In December 2024, the Company entered into a lease agreement for approximately 22,000 square feet of additional office space in South San Francisco, California.

filing / Aug 13, 2026 / receipt

This process, which is commonly referred to as “householding,” potentially means extra convenience for stockholders and cost savings for companies.

filing / May 18, 2026 / receipt

Manager, Medical Congress & Events Management | {"ats": "greenhouse", "city": null, "state": null, "job_id": "5421004008", "remote": true, "category": "other", "function": "clinical", "location": "Rem

company_statement / Sep 14, 2026 / receipt

Director - Commercial Systems, Data Management & Governance | {"ats": "greenhouse", "city": null, "state": null, "job_id": "5420949008", "remote": true, "category": "other", "function": "other", "loca

company_statement / Sep 11, 2026 / receipt

Director, Medical Affairs | {"ats": "greenhouse", "city": null, "state": null, "job_id": "5388810008", "remote": false, "category": "other", "function": "clinical", "location": "South San Francisco",

company_statement / Aug 31, 2026 / receipt

Senior Manager, People & Culture Operations | {"ats": "greenhouse", "city": null, "state": null, "job_id": "5380299008", "remote": false, "category": "other", "function": "hr", "location": "South San

company_statement / Aug 6, 2026 / receipt

Medical Science Liaison | {"ats": "greenhouse", "city": null, "state": null, "job_id": "5273909008", "remote": false, "category": "other", "function": "clinical", "location": "United States", "job_tit

company_statement / Jun 22, 2026 / receipt