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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 457,607 $ 490,002
Prepayments and other receivables 20,603 38,138
Marketable securities, current 178,498 146,239
Restricted cash 1,336 1,321
Total current assets 658,044 675,700
Marketable securities, net of current portion 71,239 92,609
Property, plant and equipment, net 379 383
Operating right of use asset 21 185
Intangible assets 375 407
Long term prepaid expenses 2,585  
Total assets 732,643 769,284
Current liabilities:    
Accounts payable 8,090 8,970
Accrued expenses and other current liabilities 5,092 15,422
Deferred revenue, current 3,987 3,987
Lease liability, current 23 136
Derivative warrant liabilities 50,229 57,272
Total current liabilities 67,421 85,787
Lease liability, net of current portion   66
Total liabilities 67,421 85,853
Commitments and contingencies (Note 12)
Shareholders' Equity:    
Ordinary shares 14,594 14,278
Additional paid-in capital 1,457,238 1,426,750
Accumulated loss (810,831) (762,390)
Accumulated other comprehensive income 4,221 4,793
Total shareholders' equity 665,222 683,431
Total liabilities and shareholders' equity $ 732,643 $ 769,284