v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 298,490 $ 334,517
Short-term marketable debt securities 59,431 59,451
Other receivables 5,763 4,869
Prepaid expenses 32,957 22,857
Total current assets 396,641 421,694
Non-current assets    
Operating lease right-of-use assets 1,857 1,566
Property and equipment, net 532 577
Other non-current assets 1,344 596
Total non-current assets 3,733 2,739
Total assets 400,374 424,433
Current liabilities    
Trade and other payables 23,380 29,553
Accrued expenses and other current liabilities 21,814 14,691
Short-term portion of operating lease liabilities 920 1,234
Total current liabilities 46,114 45,478
Non-current liabilities    
Long-term debt 99,018 74,100
Long-term portion of operating lease liabilities 865 374
Pension liability 353 0
Total non-current liabilities 100,236 74,474
Total liabilities 146,350 119,952
Commitments and contingencies (Note 15)
Shareholders' equity    
Additional paid-in capital 786,313 766,781
Accumulated deficit (532,618) (462,911)
Accumulated other comprehensive income 322 604
Total shareholders’ equity 254,024 304,481
Total liabilities and shareholders' equity 400,374 424,433
Common Class A    
Shareholders' equity    
Common shares $ 7 $ 7