v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenue $ 0 $ 224 $ 422 $ 366
Cost of sales 0 (85) (11) (139)
Gross profit 0 139 411 227
Research and development costs (9,148) (17,647) (18,270) (38,460)
General and administrative expenses (4,717) (5,131) (11,743) (12,815)
Restructuring charges 0 (1,324) 0 (1,324)
Operating loss (13,865) (23,963) (29,602) (52,372)
Foreign currency gain/(loss), net 151 (6,613) (331) (10,382)
Other income, net 669 861 1,240 1,830
Benefit from R&D credit 778 2,371 1,469 5,050
Loss before income tax expense (12,267) (27,344) (27,224) (55,874)
Income tax expense (1) (10) (1) (10)
Net Loss $ (12,268) $ (27,354) $ (27,225) $ (55,884)
Loss per share basic $ (0.09) $ (0.19) $ (0.19) $ (0.39)
Loss per share diluted $ (0.09) $ (0.19) $ (0.19) $ (0.39)
Weighted-average shares outstanding basic 141,709,762 141,696,047 141,706,190 141,687,438
Weighted-average shares outstanding diluted 141,709,762 141,696,047 141,706,190 141,687,438