v3.26.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash Flows From Operating Activities    
Net loss $ (39,387) $ (127,130)
Adjustments to reconcile net loss to net cash from operating activities:    
Depreciation and amortization 234 232
Accrued financing on prepaid forward obligation 2,473 1,595
Accretion on marketable securities (319) (1,800)
Share-based compensation 16,204 8,829
Amortization of discount on long-term debt 1,798 377
Amortization of right-of-use assets 1,780 1,500
Acquisitions of IPR&D 0 3,128
Changes in operating assets and liabilities:    
Inventory (8,686) 886
Accounts receivable, net (84,201) 599
Prepaid expenses and other current assets (2,911) (3,277)
Other non-current assets (2,696) (6,170)
Accounts payable and accrued expenses 19,129 (1,258)
Employee related accrued expenses 3,365 544
Other current liabilities 0 (201)
Lease liabilities (303) (1,972)
Restricted deposit (1) (1)
Net cash used in operating activities (93,521) (124,119)
Cash Flows From Investing Activities    
Purchases of marketable securities (24,780) (76,861)
Maturities of marketable securities 29,805 110,974
Purchases of other investments (4,000) 0
Purchases of property and equipment (186) (272)
Net cash provided by investing activities 839 33,841
Cash Flows From Financing Activities    
Principal payments on finance leases (1,324) 0
Proceeds from exercise of options into ordinary shares 3,460 629
Proceeds from issuance of long-term debt, net 65,346 0
Proceeds from pre-funded warrant issuance, net of issuance costs 0 3
Proceeds from ordinary shares issuances, net of issuance costs 0 7,970
Net cash provided by financing activities 67,482 8,602
Decrease in Cash and Cash Equivalents (25,200) (81,676)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 112,095 173,062
Cash, Cash Equivalents and Restricted Cash at End of Period 86,895 91,386
Supplemental Disclosures of Non-Cash Activities    
Right-of-use assets obtained in exchange for new operating and finance lease liabilities 517 6,856
Acquisitions of IPR&D $ 0 $ 3,128