v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Total revenue $ 81,391 $ 33,279
Operating expenses:    
Cost of service revenue - related party 4,843 23,791
General and administrative 52,897 54,216
Research and development 129,619 119,484
Total operating expenses 187,359 197,491
Loss from operations (105,968) (164,212)
Other non-operating income (expense):    
Foreign currency gain (loss) 2,146 (2,886)
Interest income 1,818 4,145
Interest expense (12,197) (13,272)
Gain on sale of nonfinancial assets   28,434
Net loss (114,201) (147,791)
Other comprehensive gain (loss):    
Foreign currency translation gain (loss) 6,125 (2,284)
Comprehensive loss (108,076) (150,075)
Net loss $ (114,201) $ (147,791)
Basic net loss per ordinary share $ (1.42) $ (2.12)
Diluted net loss per ordinary share $ (1.42) $ (2.12)
Weighted-average number of ordinary shares outstanding, basic 80,430,186 69,822,353
Weighted-average number of ordinary shares outstanding, diluted 80,430,186 69,822,353
Service revenue - related party    
Total revenue $ 6,400 $ 33,279
License revenue    
Total revenue $ 74,991