v3.25.2
CONDENSED 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
Revenues [Abstract]        
Total revenues $ 9,084 $ 17,375 $ 18,567 $ 27,619
Costs and operating expenses:        
Collaborative arrangements [1] 283 759 744 1,555
Related party transactions [1] 21 99 35 156
Research and development expense 14,935 21,481 31,429 38,542
Depreciation expense 1,054 1,458 1,835 2,988
Selling, general and administrative expense 19,106 11,747 34,854 22,784
Total cost and operating expenses 41,325 40,177 81,861 76,575
Loss from operations (32,241) (22,802) (63,294) (48,956)
Other income (expense):        
Interest income, net 192 513 630 1,661
Other income (expense), net 2,885 (3,791) 20,803 (3,612)
Total other income (expense), net 3,077 (3,278) 21,433 (1,951)
Loss from equity method investees, net (3,335) (1,719) (9,867) (2,400)
Net loss (32,499) (27,799) (51,728) (53,307)
Other comprehensive loss:        
Changes in credit risk of fair value instruments (1,605) 0 1,091 0
Foreign currency translation adjustments (313) (191) (754) (150)
Comprehensive loss $ (34,417) $ (27,990) $ (51,391) $ (53,457)
Net loss per common share - basic (in usd per share) $ (0.15) $ (0.14) $ (0.25) $ (0.27)
Net loss per common share - diluted (in usd per share) $ (0.15) $ (0.14) $ (0.25) $ (0.27)
Weighted-average number of common shares outstanding - basic (in shares) 218,121,734 197,746,569 207,377,690 197,360,539
Weighted-average number of common shares outstanding - diluted (in shares) 218,121,734 197,746,569 207,377,690 197,360,539
Collaborative arrangements        
Revenues [Abstract]        
Total revenues $ 1,313 $ 1,329 $ 2,363 $ 3,552
Service and Grants        
Costs and operating expenses:        
Contracts with customers and grants [1] 2,194 4,019 5,096 9,017
Service and Grants | Nonrelated Party        
Revenues [Abstract]        
Total revenues 2,766 6,235 5,823 12,485
Tangible Products        
Costs and operating expenses:        
Contracts with customers and grants [1] 3,732 614 7,868 1,533
Tangible Products | Nonrelated Party        
Revenues [Abstract]        
Total revenues 3,818 938 8,022 1,801
Service | Related Party        
Revenues [Abstract]        
Total revenues $ 1,187 $ 8,873 $ 2,359 $ 9,781
[1] exclusive of depreciation