Segment Information (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Significant segment expenses which are regularly reported to the CODM for purposes of making decisions regarding the allocation of resources are included within the table below and are reconciled to net (loss) income (in thousands):


		Three Months Ended March 31,
		2026				2025
Total Revenue		$	—			$	7,145
Less:
ADC assets - research and development expenses			12,037				—
ADC assets - contract manufacturing			5,188				3,475
FYARRO - research and development expenses			7				5,313
FYARRO - commercial and marketing expenses			—				294
Finance and accounting expenses (1)			2,078				3,216
Legal expenses			1,052				2,587
Other segment items (2)			1,832				(80,756	)
Net (loss) income		$	(22,194	)		$	73,016

(1)

Finance and accounting expenses primarily include shared-based compensation, insurance, salaries and wages, and other outside consulting services.

(2)

Other segment items primarily include other SGA departmental expenses, cost of sales, other income, and gain on sale of business.