Financial Performance - The company reported a net loss of approximately 56.8millionfortheyearendedDecember31,2024[6]−NetcashusedinoperatingactivitiesfortheyearendedDecember31,2024wasapproximately25.6 million[6] Cash Position - The cash and cash equivalents balance as of December 31, 2024 was approximately $30.3 million[6]