v3.26.1
Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows From Operating Activities    
Net loss $ (23,574) $ (43,843)
Adjustment to reconcile net loss to net cash from operating activities:    
Depreciation and amortization 75 72
Accrued financing on prepaid forward obligation 1,059 (1,889)
Amortization (Accretion) on marketable securities 26 (774)
Share-based compensation 4,627 3,069
Amortization of discount on long-term debt 1,974 374
Amortization of right of use assets 577 425
Acquisitions of IPR&D 0 3,128
Changes in operating assets and liabilities:    
Inventory (4,457) 1,637
Accounts receivable, net (22,330) 664
Prepaid expenses and other current assets (4,858) (4,138)
Other non-current assets (2,332) 218
Accounts payable and accrued expenses 7,629 2,891
Employee related accrued expenses (3,679) (3,603)
Other current liabilities 0 483
Lease liabilities (53) (738)
Net cash used in operating activities (45,316) (42,024)
Cash Flows From Investing Activities    
Purchases of marketable securities (24,780) (66,351)
Maturities of marketable securities 4,146 40,432
Purchases of property and equipment (54) (44)
Net cash used in investing activities (20,688) (25,963)
Cash Flows From Financing Activities    
Principal payments on finance leases (321) 0
Proceeds from exercise of options into ordinary shares 179 30
Proceeds from issuance of long-term debt, net 65,346 0
Proceeds from ordinary shares issuances, net of issuance costs 0 4
Net cash provided by financing activities 65,204 34
Decrease in Cash and Cash Equivalents (800) (67,953)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 112,095 173,062
Cash, Cash Equivalents and Restricted Cash at End of Period 111,295 105,109
Supplemental Disclosures of Non-Cash Activities    
Right-of-use assets obtained in exchange for new operating and finance lease liabilities 60 2,045
Acquisitions of IPR&D $ 0 $ 3,128