v3.26.1
Segment Reporting (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment

The following table sets forth the Company’s segment information (in thousands):

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

 

External program expenses for product candidates

 

 

 

 

 

 

Prula-cel

$

2,046

 

 

$

3,368

 

 

ADI-270

 

369

 

 

 

1,366

 

 

ADI-212

 

948

 

 

 

68

 

 

Total external program expenses for product candidates

 

3,363

 

 

 

4,802

 

 

Non-program specific expenses(1)

 

3,015

 

 

 

2,675

 

 

Personnel-related expenses (including non-cash stock-based compensation)(2)

 

9,526

 

 

 

14,793

 

 

Depreciation

 

1,342

 

 

 

1,680

 

 

Professional services and consulting fees

 

1,693

 

 

 

2,264

 

 

Facilities and infrastructure expenses

 

1,781

 

 

 

2,226

 

 

Other segment expense(3)

 

850

 

 

 

1,445

 

 

Interest income

 

(1,342

)

 

 

(1,683

)

 

Other expense, net(4)

 

16

 

 

 

12

 

 

Income tax provision

 

—

 

 

 

—

 

 

Segment net loss

$

20,244

 

 

$

28,214

 

 

 

(1)
Relates to platform research and development expenses which are not attributed to specific programs.
(2)
Relates to personnel-related expenses including non-cash stock-based compensation for the three months ended March 31, 2026 and 2025 of $1.3 million and $3.2 million, respectively.
(3)
Relates to other expenses primarily for software subscriptions and licenses, office expenses, travel and entertainment, director compensation and recruiting fees.
(4)
Consists of interest expense and other expenses.