v3.26.1
Segments - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating expenses:            
Collaboration and other research and development revenues $ 11,890   $ 3,578   $ 14,721 $ 8,236
Total stock-based compensation expense 2,193   2,664   4,295 5,643
Total operating expenses 30,444   55,122   58,278 135,943
Interest expense related to sale of future revenues (1,061)   (2,020)   (2,133) (4,236)
Interest income, net 1,368   2,087   2,574 4,803
Other income (expense), net 17   (1,758)   (96) (2,183)
Total other income (expense), net 324   (1,691)   345 (1,616)
Net loss (18,230) $ (24,982) (53,235) $ (76,088) (43,212) (129,323)
Reportable Segment            
Operating expenses:            
Collaboration and other research and development revenues 11,890   3,578   14,721 8,236
Total operating expenses 30,444   55,122   58,278 135,943
Interest expense related to sale of future revenues (1,061)   (2,020)   (2,133) (4,236)
Interest income, net 1,368   2,087   2,574 4,803
Other income (expense), net 17   (1,758)   (96) (2,183)
Total other income (expense), net 324   (1,691)   345 (1,616)
Net loss (18,230)   (53,235)   (43,212) (129,323)
Income Statement Location [Axis]: us-gaap:GeneralAndAdministrativeExpense            
Operating expenses:            
Total stock-based compensation expense 1,549   1,801   3,108 3,873
Income Statement Location [Axis]: us-gaap:GeneralAndAdministrativeExpense | Reportable Segment            
Operating expenses:            
Employee related expenses 1,972   3,436   4,081 8,541
Facility expenses / Facility and other expenses 1,687   1,941   3,261 4,762
Total stock-based compensation expense 1,549   1,801   3,108 3,873
Professional service expenses 1,838   3,711   3,728 6,151
Intellectual property and patent related fees 4,557   3,221   7,659 5,767
Total restructuring and impairment charges 0   1,300   0 2,900
Income Statement Location [Axis]: us-gaap:ResearchAndDevelopmentExpense            
Operating expenses:            
Total stock-based compensation expense 644   863   1,187 1,770
Income Statement Location [Axis]: us-gaap:ResearchAndDevelopmentExpense | Reportable Segment            
Operating expenses:            
Employee related expenses 4,900   8,575   10,320 22,742
External research and development expenses 5,851   25,111   9,355 60,466
Facility expenses / Facility and other expenses 3,287   4,581   6,512 13,974
Total stock-based compensation expense 644   863   1,187 1,770
Sublicense and license fees 1,643   95   4,054 112
Other expenses 2,516   1,787   5,013 7,785
Total restructuring and impairment charges $ 1,300   $ 24,800   $ 1,300 $ 64,100