v3.26.1
Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Summary of Costs Recorded as Research and Development Expenses

The following is the summary of costs that were recorded as research and development expenses in the consolidated statements of operations (in millions):

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Reimbursable costs under the Paragon
   Option Agreement

 

$

5.8

 

 

$

 

 

$

17.8

 

 

$

 

Amortized cost of Paramora warrant obligation

 

 

4.5

 

 

 

 

 

 

9.5

 

 

 

 

Total

 

$

10.3

 

 

$

 

 

$

27.3

 

 

$

 

Summary of Related Party Accounts Payable and Other Current Liabilities

The following is the summary of Related party accounts payable and other current liabilities (in millions):

 

 

June 30,
2026

 

 

December 31,
2025

 

Related party accounts payable and other current
   liabilities

 

$

5.7

 

 

$

17.2

 

Paramora warrant obligation

 

$

9.5

 

 

$