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Segment Data (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Reportable Segment Net Revenues and Loss

The table below provides information about the Company’s segment, including significant expenses, other segment items, certain other segment expenses, and a reconciliation to net income (loss):

		Three Months Ended September 30,								Nine Months Ended September 30,
		2025				2024				2025				2024
License and collaboration revenue		$	9,698			$	14,269			$	25,634			$	33,451
Research and development expenses
External research and development expenses*			33,565				33,420				107,879				82,988
Employee related expenses*			27,636				23,899				84,502				71,494
General and administrative expenses
External general and administrative expenses*			6,589				6,078				18,265				18,774
Employee related expenses*			10,145				8,179				30,578				24,904
Facility and information technology related expenses*			15,116				14,568				44,076				42,445
Depreciation and amortization			5,560				5,475				16,626				16,482
Stock-based compensation			22,747				29,559				73,796				90,444
Interest and other income			(10,903	)			(12,127	)			(33,093	)			(38,166	)
Income tax expense			—				—				—				39
Other segment items			11,971				1,886				7,294				10,435
Net income (loss)		$	(112,728	)		$	(96,668	)		$	(324,289	)		$	(286,388	)

* Denotes significant segment expense

Other segment items includes:

•Change in fair value of derivative liabilities

•Change in fair value of non-controlling equity investments

•Change in fair value of contingent consideration liabilities

•Loss from equity method investment

•Milestone expense

•License and sublicenses fees

•In-process research and development charges

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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