XML 10 R4.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Total revenue $ 11,772 $ 11,033 $ 26,993 $ 35,008
Operating expenses:        
Research and development 63,239 36,810 150,942 99,973
General and administrative 20,765 12,591 59,466 44,040
Total operating expenses 84,004 49,401 210,408 144,013
Operating loss (72,232) (38,368) (183,415) (109,005)
Other income, net:        
Interest income, net 10,254 4,522 22,301 9,312
Foreign exchange gains (loss) (34,950) 11,952 (16,897) 7,062
Total other income (loss), net (24,696) 16,474 5,404 16,374
Net loss before income taxes (96,928) (21,894) (178,011) (92,631)
Income tax expense 2,977 1,118 6,392 2,155
Net loss (99,905) (23,012) (184,403) (94,786)
Other comprehensive loss:        
Currency translation adjustment 31,775 (10,722) 15,409 (6,985)
Comprehensive loss $ (68,130) $ (33,734) $ (168,994) $ (101,771)
Net loss per share attributable to common stockholders:        
Basic $ (1.46) $ (0.43) $ (2.94) $ (1.91)
Diluted $ (1.46) $ (0.43) $ (2.94) $ (1.91)
Weighted-average common shares outstanding:        
Basic 68,254,120 53,869,762 62,750,425 49,532,722
Diluted 68,254,120 53,869,762 62,750,425 49,532,722
Collaboration Revenue [Member]        
Total revenue from contracts with customers $ 11,772 $ 11,033 $ 26,993 $ 35,008