Unaudited Consolidated Statements of Series A Preferred Shares and Shareholders' Equity (Deficit) - USD ($) $ in Thousands |
Total |
At-The-Market Equity Program [Member] |
Series A Preferred Shares [Member] |
Ordinary Shares [Member] |
Ordinary Shares [Member]
At-The-Market Equity Program [Member]
|
Additional Paid-In-Capital [Member] |
Accumulated Other Comprehensive Loss [Member] |
Accumulated Deficit [Member] |
Beginning balance at Dec. 31, 2023 |
$ 39,630
|
|
|
$ 935,367
|
|
$ 129,237
|
$ (124)
|
$ (1,024,850)
|
Beginning balance, shares at Dec. 31, 2023 |
|
|
|
119,162,234
|
|
|
|
|
Temporary equity, Beginning balance at Dec. 31, 2023 |
|
|
$ 7,874
|
|
|
|
|
|
Temporary equity, Beginning balance, shares at Dec. 31, 2023 |
|
|
3,901,348
|
|
|
|
|
|
Issuance of ordinary shares |
14,038
|
|
|
$ 14,038
|
|
|
|
|
Issuance of ordinary shares, shares |
|
|
|
3,000,000
|
|
|
|
|
Share-based compensation |
2,881
|
|
|
|
|
2,881
|
|
|
Vesting of RSUs, shares |
|
|
|
21,683
|
|
|
|
|
Option exercises |
123
|
|
|
$ 123
|
|
|
|
|
Option exercises, shares |
|
|
|
35,925
|
|
|
|
|
Issuance of ordinary shares under the ESPP |
349
|
|
|
$ 349
|
|
|
|
|
Issuance of ordinary shares under ESPP, shares |
|
|
|
101,542
|
|
|
|
|
Other comprehensive income (loss) |
(74)
|
|
|
|
|
|
(74)
|
|
Net Income (Loss) |
(31,558)
|
|
|
|
|
|
|
(31,558)
|
Ending balance at Mar. 31, 2024 |
25,389
|
|
|
$ 949,877
|
|
132,118
|
(198)
|
(1,056,408)
|
Ending balance, shares at Mar. 31, 2024 |
|
|
|
122,321,384
|
|
|
|
|
Temporary equity, Ending balance at Mar. 31, 2024 |
|
|
$ 7,874
|
|
|
|
|
|
Temporary equity, Ending balance, shares at Mar. 31, 2024 |
|
|
3,901,348
|
|
|
|
|
|
Beginning balance at Dec. 31, 2023 |
39,630
|
|
|
$ 935,367
|
|
129,237
|
(124)
|
(1,024,850)
|
Beginning balance, shares at Dec. 31, 2023 |
|
|
|
119,162,234
|
|
|
|
|
Temporary equity, Beginning balance at Dec. 31, 2023 |
|
|
$ 7,874
|
|
|
|
|
|
Temporary equity, Beginning balance, shares at Dec. 31, 2023 |
|
|
3,901,348
|
|
|
|
|
|
Net Income (Loss) |
(64,481)
|
|
|
|
|
|
|
|
Ending balance at Jun. 30, 2024 |
(3,477)
|
|
|
$ 950,530
|
|
135,603
|
(279)
|
(1,089,331)
|
Ending balance, shares at Jun. 30, 2024 |
|
|
|
122,479,289
|
|
|
|
|
Temporary equity, Ending balance at Jun. 30, 2024 |
|
|
$ 7,874
|
|
|
|
|
|
Temporary equity, Ending balance, shares at Jun. 30, 2024 |
|
|
3,901,348
|
|
|
|
|
|
Beginning balance at Mar. 31, 2024 |
25,389
|
|
|
$ 949,877
|
|
132,118
|
(198)
|
(1,056,408)
|
Beginning balance, shares at Mar. 31, 2024 |
|
|
|
122,321,384
|
|
|
|
|
Temporary equity, Beginning balance at Mar. 31, 2024 |
|
|
$ 7,874
|
|
|
|
|
|
Temporary equity, Beginning balance, shares at Mar. 31, 2024 |
|
|
3,901,348
|
|
|
|
|
|
Issuance of ordinary shares |
547
|
|
|
|
$ 547
|
|
|
|
Issuance of ordinary shares, shares |
|
|
|
|
109,204
|
|
|
|
Share-based compensation |
3,485
|
|
|
|
|
3,485
|
|
|
Vesting of RSUs, shares |
|
|
|
17,778
|
|
|
|
|
Option exercises |
106
|
|
|
$ 106
|
|
|
|
|
Option exercises, shares |
|
|
|
30,923
|
|
|
|
|
Other comprehensive income (loss) |
(81)
|
|
|
|
|
|
(81)
|
|
Net Income (Loss) |
(32,923)
|
|
|
|
|
|
|
(32,923)
|
Ending balance at Jun. 30, 2024 |
(3,477)
|
|
|
$ 950,530
|
|
135,603
|
(279)
|
(1,089,331)
|
Ending balance, shares at Jun. 30, 2024 |
|
|
|
122,479,289
|
|
|
|
|
Temporary equity, Ending balance at Jun. 30, 2024 |
|
|
$ 7,874
|
|
|
|
|
|
Temporary equity, Ending balance, shares at Jun. 30, 2024 |
|
|
3,901,348
|
|
|
|
|
|
Beginning balance at Dec. 31, 2024 |
209,515
|
|
|
$ 1,175,181
|
|
156,454
|
(262)
|
(1,121,858)
|
Beginning balance, shares at Dec. 31, 2024 |
|
|
|
153,037,286
|
|
|
|
|
Temporary equity, Beginning balance at Dec. 31, 2024 |
$ 7,874
|
|
$ 7,874
|
|
|
|
|
|
Temporary equity, Beginning balance, shares at Dec. 31, 2024 |
3,901,348
|
|
3,901,348
|
|
|
|
|
|
Issuance of ordinary shares |
|
$ 1,262
|
|
|
$ 1,262
|
|
|
|
Issuance of ordinary shares, shares |
|
|
|
|
97,375
|
|
|
|
Share-based compensation |
$ 4,953
|
|
|
|
|
4,953
|
|
|
Vesting of RSUs, shares |
|
|
|
18,019
|
|
|
|
|
Option exercises |
2,451
|
|
|
$ 2,451
|
|
|
|
|
Option exercises, shares |
|
|
|
853,881
|
|
|
|
|
Issuance of ordinary shares under the ESPP |
442
|
|
|
$ 442
|
|
|
|
|
Issuance of ordinary shares under ESPP, shares |
|
|
|
86,752
|
|
|
|
|
Other comprehensive income (loss) |
58
|
|
|
|
|
|
58
|
|
Net Income (Loss) |
(46,878)
|
|
|
|
|
|
|
(46,878)
|
Ending balance at Mar. 31, 2025 |
171,803
|
|
|
$ 1,179,336
|
|
161,407
|
(204)
|
(1,168,736)
|
Ending balance, shares at Mar. 31, 2025 |
|
|
|
154,093,313
|
|
|
|
|
Temporary equity, Ending balance at Mar. 31, 2025 |
|
|
$ 7,874
|
|
|
|
|
|
Temporary equity, Ending balance, shares at Mar. 31, 2025 |
|
|
3,901,348
|
|
|
|
|
|
Beginning balance at Dec. 31, 2024 |
209,515
|
|
|
$ 1,175,181
|
|
156,454
|
(262)
|
(1,121,858)
|
Beginning balance, shares at Dec. 31, 2024 |
|
|
|
153,037,286
|
|
|
|
|
Temporary equity, Beginning balance at Dec. 31, 2024 |
$ 7,874
|
|
$ 7,874
|
|
|
|
|
|
Temporary equity, Beginning balance, shares at Dec. 31, 2024 |
3,901,348
|
|
3,901,348
|
|
|
|
|
|
Net Income (Loss) |
$ (97,347)
|
|
|
|
|
|
|
|
Ending balance at Jun. 30, 2025 |
139,266
|
|
|
$ 1,191,029
|
|
167,603
|
(161)
|
(1,219,205)
|
Ending balance, shares at Jun. 30, 2025 |
|
|
|
155,673,292
|
|
|
|
|
Temporary equity, Ending balance at Jun. 30, 2025 |
$ 7,874
|
|
$ 7,874
|
|
|
|
|
|
Temporary equity, Ending balance, shares at Jun. 30, 2025 |
3,901,348
|
|
3,901,348
|
|
|
|
|
|
Beginning balance at Mar. 31, 2025 |
$ 171,803
|
|
|
$ 1,179,336
|
|
161,407
|
(204)
|
(1,168,736)
|
Beginning balance, shares at Mar. 31, 2025 |
|
|
|
154,093,313
|
|
|
|
|
Temporary equity, Beginning balance at Mar. 31, 2025 |
|
|
$ 7,874
|
|
|
|
|
|
Temporary equity, Beginning balance, shares at Mar. 31, 2025 |
|
|
3,901,348
|
|
|
|
|
|
Issuance of ordinary shares |
11,099
|
|
|
|
$ 11,099
|
|
|
|
Issuance of ordinary shares, shares |
|
|
|
|
1,388,934
|
|
|
|
Share-based compensation |
6,196
|
|
|
|
|
6,196
|
|
|
Vesting of RSUs, shares |
|
|
|
40,270
|
|
|
|
|
Option exercises |
594
|
|
|
$ 594
|
|
|
|
|
Option exercises, shares |
|
|
|
150,775
|
|
|
|
|
Other comprehensive income (loss) |
43
|
|
|
|
|
|
43
|
|
Net Income (Loss) |
(50,469)
|
|
|
|
|
|
|
(50,469)
|
Ending balance at Jun. 30, 2025 |
139,266
|
|
|
$ 1,191,029
|
|
$ 167,603
|
$ (161)
|
$ (1,219,205)
|
Ending balance, shares at Jun. 30, 2025 |
|
|
|
155,673,292
|
|
|
|
|
Temporary equity, Ending balance at Jun. 30, 2025 |
$ 7,874
|
|
$ 7,874
|
|
|
|
|
|
Temporary equity, Ending balance, shares at Jun. 30, 2025 |
3,901,348
|
|
3,901,348
|
|
|
|
|
|