v3.25.2
Segment Information - Schedule of Adjusted Loss Before Taxes for the Company's Single Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information, Profit (Loss) [Abstract]        
Revenue $ 19,145 $ 2,279 $ 22,123 $ 3,680
Interest income 7,055 4,870 14,406 7,953
Personnel expense 9,900 7,017 20,063 12,286
External R&D expense 14,577 28,449 43,904 61,053
Manufacturing expense 4,289 4,277 10,130 7,938
Regulatory expense 1,025 408 2,042 900
Commercial programs 5,396 2,750 11,303 6,239
General and administrative expense 4,307 3,597 8,629 7,016
Depreciation and amortization 107 66 220 97
Segment adjusted loss before tax (13,401) (39,415) (59,762) (83,896)
Reconciliation to consolidated net loss        
Share-based compensation expense (15,179) (8,290) (30,392) (16,208)
Change in fair value - derivatives 2,590 9,692 20,344 (29,258)
Foreign exchange gains/(losses) 8,626 (994) 12,919 (3,412)
Loss for the period $ (17,364) $ (39,007) $ (56,891) $ (132,774)