v3.25.2
Segment Reporting (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
Mar. 31, 2025
USD ($)
Jun. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Jun. 30, 2025
USD ($)
segment
Jun. 30, 2024
USD ($)
Segment Reporting [Abstract]            
Number of operating segments | segment         1  
Revenue, Major Customer [Line Items]            
Research and development $ 30,325   $ 29,069   $ 61,205 $ 53,970
General and administrative 12,608   14,253   31,344 27,925
Total operating expenses 42,933   43,322   92,549 81,895
Operating loss (42,933)   (43,322)   (92,549) (81,895)
Fair value change of warrant liabilities (2,540)   0   16,920 0
Benefit from R&D tax credit 4,287   3,709   12,735 6,810
Interest income 1,898   2,408   4,284 4,668
Interest expense 1,151   1,112   2,275 2,210
Foreign exchange gains (losses) 2,349   225   4,482 (558)
Other income (176)   167   627 295
Income tax expense 137   176   491 398
Net loss (38,403) $ (17,864) (38,101) $ (35,187) (56,267) (73,288)
Single Operating Segment            
Revenue, Major Customer [Line Items]            
Total operating expenses 42,933   43,322   92,549 81,895
Operating loss (42,933)   (43,322)   (92,549) (81,895)
Fair value change of warrant liabilities (2,540)   0   16,920 0
Benefit from R&D tax credit 4,287   3,709   12,735 6,810
Interest income 1,898   2,408   4,284 4,668
Interest expense (1,151)   (1,112)   (2,275) (2,210)
Foreign exchange gains (losses) 2,349   225   4,482 (558)
Other income (176)   167   627 295
Income tax expense (137)   (176)   (491) (398)
Net loss (38,403)   (38,101)   (56,267) (73,288)
Development expenses | Single Operating Segment            
Revenue, Major Customer [Line Items]            
Research and development 21,442   18,037   43,138 31,981
Personnel expenses | Single Operating Segment            
Revenue, Major Customer [Line Items]            
Research and development 6,113   6,880   12,182 13,484
General and administrative 4,618   5,655   9,679 11,156
Non-cash share-based compensation expense | Single Operating Segment            
Revenue, Major Customer [Line Items]            
Research and development 1,289   2,646   2,813 5,260
General and administrative 2,307   2,275   4,718 4,790
Other expenses | Single Operating Segment            
Revenue, Major Customer [Line Items]            
Research and development 1,481   1,506   3,072 3,245
Legal and professional fees | Single Operating Segment            
Revenue, Major Customer [Line Items]            
General and administrative 3,367   3,303   12,731 5,750
Facilities and other expenses | Single Operating Segment            
Revenue, Major Customer [Line Items]            
General and administrative $ 2,316   $ 3,020   $ 4,216 $ 6,229