CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - 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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| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract] | ||||
| Net sales | $ 1,009 | $ 618 | $ 1,503 | $ 1,174 |
| Costs and expenses: | ||||
| Cost of products sold | (233) | (148) | (347) | (355) |
| Research and development expense | (23,369) | (16,340) | (40,826) | (32,796) |
| Selling, general and administrative expense | (8,404) | (5,014) | (15,334) | (10,687) |
| Operating loss | (30,997) | (20,884) | (55,004) | (42,664) |
| Other non-operating income, net | 2,420 | 148 | 4,142 | 239 |
| Interest and amortization of debt discount and expense | (131) | (22) | (158) | (48) |
| Net foreign exchange (losses)/gains | (104) | (309) | (198) | (528) |
| Fair value movement of derivatives | 35 | 5 | 35 | 8 |
| Loss before income taxes from continuing operations | (28,777) | (21,062) | (51,183) | (42,993) |
| Income tax (expense)/benefit | 0 | 0 | (492) | 0 |
| Loss after income tax | (28,777) | (21,062) | (51,675) | (42,993) |
| Total (loss)/gain is attributable to: | ||||
| Non-controlling interests | 317 | (228) | 443 | (295) |
| Stockholders of the Company | (29,094) | (20,834) | (52,118) | (42,698) |
| Loss after income tax | $ (28,777) | $ (21,062) | $ (51,675) | $ (42,993) |
| Share information | ||||
| Basic loss per share (in Dollars per share) | $ (0.3) | $ (0.58) | $ (0.58) | $ (1.18) |
| Diluted loss per share (in Dollars per share) | $ (0.3) | $ (0.58) | $ (0.58) | $ (1.18) |
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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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 The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, before tax, of realized and unrealized gain (loss) from foreign currency transaction. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- 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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- References No definition available.
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- 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 the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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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- 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 consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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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- 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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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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