v3.26.3
Condensed Consolidated Statements of Shareholders' Deficit (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings, Appropriated [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Dec. 31, 2024 42,231,746        
Balance at Dec. 31, 2024 $ 115 $ 797,248 $ (806,222) $ 56 $ (8,803)
Exercise of options into ordinary shares (in shares) 552,103        
Exercise of options into ordinary shares $ 2 627     629
Share-based compensation   8,829     8,829
Other comprehensive income (33) (33)
Net loss     (127,130)   (127,130)
Issuance of ordinary shares, net of issuance costs (in shares) 791,091        
Issuance of ordinary shares, net of issuance costs $ 2 11,095     11,097
Conversion of pre-funded warrants into ordinary shares (in shares) 3,206,271        
Conversion of pre-funded warrants into ordinary shares $ 9 (6) 3
Balance (in shares) at Sep. 30, 2025 46,781,211        
Balance at Sep. 30, 2025 $ 128 817,793 (933,352) 23 (115,408)
Balance (in shares) at Jun. 30, 2025 46,199,134        
Balance at Jun. 30, 2025 $ 126 806,497 (900,005) 6 (93,376)
Exercise of options into ordinary shares (in shares) 165,829        
Exercise of options into ordinary shares $ 1 301     302
Share-based compensation   3,027     3,027
Other comprehensive income 17 17
Net loss     (33,347)   (33,347)
Issuance of ordinary shares, net of issuance costs (in shares) 416,248        
Issuance of ordinary shares, net of issuance costs $ 1 7,968 7,969
Balance (in shares) at Sep. 30, 2025 46,781,211        
Balance at Sep. 30, 2025 $ 128 817,793 (933,352) 23 (115,408)
Balance (in shares) at Dec. 31, 2025 48,350,272        
Balance at Dec. 31, 2025 $ 133 854,090 (959,716) 19 (105,474)
Exercise of options into ordinary shares (in shares) 678,468        
Exercise of options into ordinary shares $ 2 3,458     3,460
Share-based compensation   16,204     16,204
Other comprehensive income (20) (20)
Net loss     (39,387)   (39,387)
Balance (in shares) at Sep. 30, 2026 49,028,740        
Balance at Sep. 30, 2026 $ 135 873,752 (999,103) (1) (125,217)
Balance (in shares) at Jun. 30, 2026 48,869,530        
Balance at Jun. 30, 2026 $ 135 865,112 (997,641) (2) (132,396)
Exercise of options into ordinary shares (in shares) 159,210        
Exercise of options into ordinary shares $ 0 2,394     2,394
Share-based compensation   6,246     6,246
Other comprehensive income 1 1
Net loss     (1,462)   (1,462)
Balance (in shares) at Sep. 30, 2026 49,028,740        
Balance at Sep. 30, 2026 $ 135 $ 873,752 $ (999,103) $ (1) $ (125,217)