v3.26.3
SEGMENT REPORTING (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Jun. 30, 2026
Mar. 31, 2026
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Reporting Information [Line Items]                
Number of reportable segments not disclosed             true  
Operating expenses:                
Stock-based compensation expense $ 8,565     $ 8,085     $ 26,641 $ 24,877
Loss from operations (46,143)     (46,858)     (162,201) (135,427)
Reconciliation of net income (loss)                
Other income 3,065           3,065  
Gain on the Sevasemten Sale 1,348,066           1,348,066  
Income tax expense 155,333           155,333  
Net income (loss) 1,166,151 $ (57,327) $ (49,013) (40,666) $ (36,115) $ (40,798) 1,059,811 (117,579)
Single reportable segment                
Operating expenses:                
Contracted research expense 14,989     22,623     66,770 62,939
Personnel expense 13,285     11,079     43,827 32,596
Stock-based compensation expense 8,565     8,085     26,641 24,877
Other segment expense $ 8,774     $ 4,548     $ 23,355 $ 13,456
Segment Reporting, Other Segment Item, Composition, Description Other segment expense included in Segment net income (loss) includes contracted administrative expenses, intellectual property fees, software costs, occupancy & equipment costs, and other overhead expenses     Other segment expense included in Segment net income (loss) includes contracted administrative expenses, intellectual property fees, software costs, occupancy & equipment costs, and other overhead expenses     Other segment expense included in Segment net income (loss) includes contracted administrative expenses, intellectual property fees, software costs, occupancy & equipment costs, and other overhead expenses Other segment expense included in Segment net income (loss) includes contracted administrative expenses, intellectual property fees, software costs, occupancy & equipment costs, and other overhead expenses
Depreciation $ 530     $ 523     $ 1,608 $ 1,559
Loss from operations (46,143)     (46,858)     (162,201) (135,427)
Reconciliation of net income (loss)                
Interest income 16,496     6,192     26,214 17,848
Other income 3,065           3,065  
Gain on the Sevasemten Sale 1,348,066           1,348,066  
Income tax expense 155,333           155,333  
Net income (loss) $ 1,166,151     $ (40,666)     $ 1,059,811 $ (117,579)