v3.25.2
Unaudited Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenue $ 8,699 $ 19,692 $ 17,874 $ 32,230
Operating expenses:        
Research and development 43,469 40,393 84,091 73,840
General and administrative 17,989 14,296 36,346 27,845
Total operating expenses 61,458 54,689 120,437 101,685
Loss from operations (52,759) (34,997) (102,563) (69,455)
Other income, net:        
Interest income 2,372 2,092 5,247 4,627
Other income (expense), net (82) (18) (31) 347
Total other income, net 2,290 2,074 5,216 4,974
Loss before income taxes (50,469) (32,923) (97,347) (64,481)
Income tax benefit (provision) 0 0 0 0
Net loss $ (50,469) $ (32,923) $ (97,347) $ (64,481)
Net loss per share attributable to ordinary shareholders - basic $ (0.31) $ (0.25) $ (0.6) $ (0.5)
Net loss per share attributable to ordinary shareholders - diluted $ (0.31) $ (0.25) $ (0.6) $ (0.5)
Weighted-average ordinary shares used in computing net loss per share attributable to ordinary shareholders - basic 163,987,640 129,527,003 163,266,106 129,399,340
Weighted-average ordinary shares used in computing net loss per share attributable to ordinary shareholders - diluted 163,987,640 129,527,003 163,266,106 129,399,340
Other comprehensive loss:        
Net Income (Loss) $ (50,469) $ (32,923) $ (97,347) $ (64,481)
Foreign currency translation 43 (81) 101 (155)
Comprehensive loss $ (50,426) $ (33,004) $ (97,246) $ (64,636)