v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue:    
License and other revenue $ 3,000 $ 7,679
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember
Total revenue $ 3,000 $ 7,679
Operating expenses:    
Research and development expenses 70,563 73,809
General and administrative expenses 11,027 18,739
Total operating expenses 81,590 92,548
Loss from operations (78,590) (84,869)
Other income:    
Interest income 5,352 7,813
Other expense (53) (9)
Total other income, net 5,299 7,804
Net loss $ (73,291) $ (77,065)
Net loss per share, basic $ (0.41) $ (0.46)
Net loss per share, diluted $ (0.41) $ (0.46)
Weighted average shares of common stock, basic 179,849,137 169,233,155
Weighted average shares of common stock, diluted 179,849,137 169,233,155
Other comprehensive (loss) income:    
Unrealized holding (loss) gain $ (172) $ 1,029
Total other comprehensive (loss) income (172) 1,029
Total comprehensive loss $ (73,463) $ (76,036)