v3.26.1
Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
$ in Thousands
Total
Ordinary shares
Deferred Shares
Deferred B shares
Deferred C Shares
Common Shares
Ordinary shares
Common Shares
Deferred Shares
Common Shares
Deferred B shares
Common Shares
Deferred C Shares
Additional Paid in Capital
Accumulated other comprehensive loss
Accumulated deficit
Beginning balance (in shares) at Dec. 31, 2023           174,101,361 34,425 88,893,548 1      
Beginning balance at Dec. 31, 2023 $ 111,474         $ 8 $ 0 $ 118 $ 0 $ 1,018,902 $ (28,992) $ (878,562)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance of ordinary shares, net of issuance costs (shares)           91,666,669            
Issuance of ordinary shares, net of issuance costs 520,617         $ 4       520,613    
Share-based compensation expense 15,475                 15,475    
Vesting of restricted stock unit awards net of shares withheld to cover tax withholding (in shares)           136,824            
Exercise of stock options (shares)           216,835            
Exercise of stock options 603                 603    
Other comprehensive income (loss) (182)                   (182)  
Net loss (220,662)                     (220,662)
Ending balance (in shares) at Dec. 31, 2024   266,125,337 34,425 88,893,548 1 266,121,689 34,425 88,893,548 1      
Ending balance at Dec. 31, 2024 427,325         $ 12 $ 0 $ 118 $ 0 1,555,593 (29,174) (1,099,224)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Share-based compensation expense 14,514                 14,514    
Vesting of restricted stock unit awards net of shares withheld to cover tax withholding (in shares)           21,597            
Other comprehensive income (loss) 23,818                   23,818  
Net loss (287,528)                     (287,528)
Ending balance (in shares) at Dec. 31, 2025   266,143,286 34,425 88,893,548 1 266,143,286 34,425 88,893,548 1      
Ending balance at Dec. 31, 2025 $ 178,129         $ 12 $ 0 $ 118 $ 0 $ 1,570,107 $ (5,356) $ (1,386,752)