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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Summary of Significant Accounting Policies  
Schedule of research and development costs

Year Ended

Year Ended

Year Ended

    

December 31, 2024

    

December 31, 2023

    

December 31, 2022

(In thousands)

Barzolvolimab/Anti-KIT Program

    

$

123,750

    

$

79,913

$

51,220

CDX-622

 

17,341

 

16,299

 

5,613

CDX-585

 

2,813

 

6,357

 

9,793

Other Programs (a)

 

19,646

 

15,442

 

15,632

Total R&D Expense

$

163,550

$

118,011

$

82,258

(a) Other program expenses primarily include research and development expenses related to early-stage programs, revenue-generating programs and discontinued programs.

Year Ended

Year Ended

Year Ended

    

December 31, 2024

    

December 31, 2023

    

December 31, 2022

(In thousands)

Personnel

    

$

51,906

    

$

40,121

    

$

32,674

Laboratory Supplies

 

5,611

 

5,358

 

6,310

Facility

 

5,094

 

4,970

 

4,764

Product Development (b)

 

90,604

 

59,319

 

32,156

Other Expenses (c)

 

10,335

 

8,243

 

6,354

Total R&D Expense

$

163,550

$

118,011

$

82,258

(b) Product development expenses include clinical investigator site fees, external trial monitoring costs, data accumulation costs, contracted research and outside clinical drug product manufacturing.

(c) Other expenses primarily include research and development consulting, insurance, licensing and software expenses.

Schedule of potentially dilutive common shares that have not been included in the net loss per common share calculations because the effect would have been anti-dilutive

Year Ended December 31, 

    

2024

    

2023

    

2022

Stock options

7,540,109

6,378,924

5,085,662