v3.26.1
Segment Reporting - Schedule of Segment Operating Expenses Including Segment Expenses, and Net Loss (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:            
Direct research and development $ 60,080   $ 58,195   $ 146,091 $ 99,473
Total operating expenses 112,490   80,141   237,622 137,335
Loss from operations (112,490)   (80,141)   (237,622) (137,335)
Other income (expense):            
Interest income 5,348   6,320   11,703 13,226
Interest expense (1,848)   (1,874)   (3,671) (3,667)
Segment and consolidated net loss 109,473 $ 121,032 76,531 $ 51,694 230,505 128,225
Operating Segments [Member]            
Operating expenses:            
Payroll and related 48,543   25,193   90,584 45,950
Commercial planning 15,057   3,822   23,040 6,986
Depreciation and amortization 132   119   272 204
Other segment items* [1] 17,383   14,873   33,200 26,525
Total operating expenses 112,490   80,141   237,622 137,335
Loss from operations (112,490)   (80,141)   (237,622) (137,335)
Other income (expense):            
Interest income 5,348   6,320   11,702 13,226
Interest expense (1,848)   (1,874)   (3,671) (3,667)
Other segment items** [2] (483)   (836)   (914) (449)
Segment and consolidated net loss (109,473)   (76,531)   (230,505) (128,225)
Operating Segments [Member] | Clinical Trials [Member]            
Operating expenses:            
Direct research and development 15,633   12,636   44,329 24,630
Operating Segments [Member] | Contract Manufacturing [Member]            
Operating expenses:            
Direct research and development $ 15,742   $ 23,498   $ 46,197 $ 33,040
[1] *Other segment items included in total operating expenses primarily consist of consulting and contractors, professional services, equipment and software, travel and entertainment, facilities, medical affairs, and corporate communications.
[2]

**Other segment items included in net loss consist of currency exchange gains and losses and other income/expense.