v3.25.2
Segment Information (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
segment
Jun. 30, 2024
USD ($)
Segment Reporting [Abstract]        
Number of operating segments | segment     1  
Segment Reporting, Asset Reconciling Item [Line Items]        
License and other revenue $ 0 $ 0 $ 15,000 $ 0
Other R&D expenses:        
General and administrative expenses (11,912) (11,165) (24,246) (24,603)
Share-based compensation 7,949 8,611 15,832 16,765
Interest and investment income 4,380 3,240 12,270 5,831
Interest expense (2,884) (2,525) (5,761) (5,054)
Income tax expense (778) (705) (2,175) (1,186)
Consolidated net loss (50,343) (43,816) (76,478) (81,862)
Reportable Segment        
Segment Reporting, Asset Reconciling Item [Line Items]        
License and other revenue 0 0 15,000 0
Less:        
OX2R agonist program expenses (32,681) (10,300) (52,774) (14,952)
LockBody program expenses (1,765) (2,096) (5,183) (6,266)
Discontinued R&D program expenses (1,192) (16,677) (4,109) (28,619)
Other R&D expenses:        
Personnel expenses (6,077) (4,901) (12,379) (10,500)
Research tax incentives 4,475 5,535 8,734 13,395
Other preclinical and clinical development expenses (1,386) (370) (2,201) (794)
General and administrative expenses (8,078) (6,560) (16,686) (15,569)
Share-based compensation (7,949) (8,611) (15,832) (16,765)
Interest and investment income 4,380 3,240 12,270 5,831
Interest expense (2,884) (2,525) (5,761) (5,054)
Other segment items 3,592 154 4,618 (1,383)
Income tax expense (778) (705) (2,175) (1,186)
Consolidated net loss $ (50,343) $ (43,816) $ (76,478) $ (81,862)