Unaudited Condensed Consolidated Statements of Operations - GBP (£) £ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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| Profit or loss [abstract] | ||||
| Research and development expenses | £ (7,104) | £ (6,769) | £ (8,829) | £ (13,552) |
| Administrative expenses | (4,523) | (1,509) | (5,590) | (3,090) |
| Net foreign exchange (losses) gains | (202) | (74) | (261) | 21 |
| Operating loss | (11,829) | (8,352) | (14,680) | (16,621) |
| Finance income | 35 | 85 | 60 | 211 |
| Finance expense | (12,648) | 0 | (12,648) | 0 |
| Loss before tax | (24,442) | (8,267) | (27,268) | (16,410) |
| Income tax credit | 328 | 1,272 | 681 | 2,577 |
| Loss for the period | £ (24,114) | £ (6,995) | £ (26,587) | £ (13,833) |
| Basic loss per ordinary share | £ 0 | £ (0.12) | £ (0.01) | £ (0.25) |
| Diluted loss per ordinary share | £ 0 | £ (0.12) | £ (0.01) | £ (0.25) |
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- Definition The amount of expenses that the entity classifies as being administrative. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of costs associated with financing activities of the entity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of income associated with interest and other financing activities of the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The gains (losses) recognised in other comprehensive income on exchange differences on the translation of financial statements of foreign operations, before tax, before reclassification adjustments. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) before tax expense or income. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The profit (loss) from operating activities of the entity. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of expenditure directly attributable to research or development activities, recognised in profit or loss. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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