Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Income Statement [Abstract] | ||||||
| Revenue | [1] | $ 20,156 | $ 39,134 | $ 39,630 | $ 77,364 | |
| Costs and operating expenses: | ||||||
| Cost of other revenue | 1,719 | 5,380 | 4,817 | 9,470 | ||
| Research and development | 46,210 | 53,370 | 96,130 | 124,293 | ||
| General and administrative | 30,775 | 34,981 | 68,605 | 74,704 | ||
| Restructuring charges | 0 | 3,566 | 0 | 8,032 | ||
| Total operating expenses | 78,704 | 97,297 | 169,552 | 216,499 | ||
| Loss from operations | (58,548) | (58,163) | (129,922) | (139,135) | ||
| Other income (expense): | ||||||
| Interest income, net | 3,232 | 6,083 | 6,828 | 12,164 | ||
| Loss on equity method investment | (4,673) | 0 | (4,673) | 0 | ||
| Gain (loss) on investments | 1,987 | (229) | 773 | (3,922) | ||
| Other income (expense), net | 809 | (1,168) | (6,338) | (5,806) | ||
| Total other income (expense) | 1,355 | 4,686 | (3,410) | 2,436 | ||
| Loss from continuing operations before income taxes | (57,193) | (53,477) | (133,332) | (136,699) | ||
| Income tax (benefit) expense | 128 | (283) | 48 | (195) | ||
| Net loss from continuing operations | (57,321) | (53,194) | (133,380) | (136,504) | ||
| Net income (loss) from discontinued operations, net of tax | 10,611 | (7,106) | 4,083 | (14,753) | ||
| Net loss | $ (46,710) | $ (60,300) | $ (129,297) | $ (151,257) | ||
| Basic from continuing operations (in dollars per share) | $ (0.92) | $ (0.97) | $ (2.19) | $ (2.50) | ||
| Basic from discontinued operations (in dollars per share) | 0.17 | (0.13) | 0.06 | (0.27) | ||
| Net loss per share, basic (in dollars per share) | $ (0.75) | $ (1.10) | $ (2.13) | $ (2.77) | ||
| Weighted average common shares outstanding: | ||||||
| Basic (in shares) | 62,094,356 | 54,858,982 | 60,835,896 | 54,552,006 | ||
| Net loss | $ (46,710) | $ (60,300) | $ (129,297) | $ (151,257) | ||
| Other comprehensive (loss) income: | ||||||
| Foreign currency translation adjustment | (34) | 2,586 | (613) | 3,435 | ||
| Unrealized (loss) gain on available-for-sale securities | (210) | (83) | (288) | 24 | ||
| Total other comprehensive (loss) income | (244) | 2,503 | (901) | 3,459 | ||
| Comprehensive loss | $ (46,954) | $ (57,797) | $ (130,198) | $ (147,798) | ||
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- Definition Weighted Average Common Shares Outstanding No definition available.
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| X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of realized and unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount after tax of income (loss) from continuing operations attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per basic share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest income (expense) classified as operating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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| X | ||||||||||
- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount, after tax and before adjustment, of unrealized holding gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Excludes unrealized gain (loss) on investment in debt security measured at amortized cost (held-to-maturity) from transfer to available-for-sale. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount, after cash payment, of expenses associated with exit or disposal activities pursuant to an authorized plan and expenses resulting from the write-down of assets. Excludes expenses related to a business combination, a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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