| Summary of Additional Expense Details |
In addition to the expense categories included within net income presented on the Company's unaudited condensed consolidated statements of operations and comprehensive loss, see below for additional expense details that are routinely reviewed by the CODM (in thousands):
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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|
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2026 |
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2025 |
|
|
2026 |
|
|
2025 |
|
Research and development: |
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|
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Internal expenses |
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$ |
13,407 |
|
|
$ |
7,751 |
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|
$ |
24,504 |
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|
$ |
15,597 |
|
External expenses |
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|
35,258 |
|
|
|
22,058 |
|
|
|
65,645 |
|
|
|
37,569 |
|
Total |
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|
48,665 |
|
|
|
29,809 |
|
|
|
90,149 |
|
|
|
53,166 |
|
General and administrative: |
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Internal expenses |
|
|
10,109 |
|
|
|
5,514 |
|
|
|
18,216 |
|
|
|
9,336 |
|
External expenses |
|
|
16,303 |
|
|
|
5,580 |
|
|
|
25,932 |
|
|
|
10,560 |
|
Total |
|
|
26,412 |
|
|
|
11,094 |
|
|
|
44,148 |
|
|
|
19,896 |
|
Loss from operations |
|
|
(75,077 |
) |
|
|
(40,903 |
) |
|
|
(134,297 |
) |
|
|
(73,062 |
) |
Total other income/(expense), net |
|
|
(83,909 |
) |
|
|
(1,841 |
) |
|
|
(101,787 |
) |
|
|
6,970 |
|
Net loss |
|
$ |
(158,986 |
) |
|
$ |
(42,744 |
) |
|
$ |
(236,084 |
) |
|
$ |
(66,092 |
) |
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