XML 11 R4.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Revenue $ 3,040 $ 2,978
Operating expenses:    
Research and development expenses 38,009 44,751
Selling, general and administrative expenses 23,451 27,152
Total operating expenses 61,460 71,903
Operating loss (58,420) (68,925)
Other income (expense):    
Interest income 5,650 7,351
Fair value change - earnout   3,992
Fair value change - warrants 5,942 13,762
Foreign exchange gains/(losses) (1,613) 4,293
Loss before tax (48,441) (39,527)
Loss for the year (48,441) (39,527)
Other comprehensive income/(loss)    
Unrealized gain/(loss) on available-for-sale securities, net of tax (572) (33)
Total comprehensive loss for the year, net of tax $ (49,013) $ (39,560)
Net loss per ordinary share    
Basic $ (0.4) $ (0.34)
Diluted $ (0.4) $ (0.34)