v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 477,905 $ 334,517
Short-term marketable debt securities 59,125 59,451
Other receivables 6,561 4,869
Prepaid expenses 26,447 22,857
Total current assets 570,038 421,694
Non-current assets    
Operating lease right-of-use assets 2,078 1,566
Property and equipment, net 487 577
Other non-current assets 1,344 596
Total non-current assets 3,909 2,739
Total assets 573,947 424,433
Current liabilities    
Trade and other payables 17,038 29,553
Accrued expenses and other current liabilities 27,108 14,691
Short-term portion of operating lease liabilities 1,246 1,234
Total current liabilities 45,392 45,478
Non-current liabilities    
Long-term debt 99,514 74,100
Long-term portion of operating lease liabilities 772 374
Pension liability 74 0
Total non-current liabilities 100,360 74,474
Total liabilities 145,752 119,952
Commitments and contingencies (Note 15)
Shareholders' equity    
Additional paid-in capital 1,021,980 766,781
Accumulated deficit (594,423) (462,911)
Accumulated other comprehensive income 630 604
Total shareholders’ equity 428,195 304,481
Total liabilities and shareholders' equity 573,947 424,433
Common Class A    
Shareholders' equity    
Common shares $ 8 $ 7