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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue    
Revenues $ 1,764 $ 1,532
Operating expenses    
Research and development 8,959 15,403
General and administrative 5,832 5,312
Change in fair value of contingent consideration 299 180
Restructuring 12,373 0
Total operating expenses 27,463 20,895
Loss from operations (25,699) (19,363)
Interest income 1,197 1,545
Interest expense (28) (44)
Foreign exchange gain/(loss) 4 (13)
Total other income 1,173 1,488
Net loss $ (24,526) $ (17,875)
Loss per share    
Basic (in USD per share) $ (0.13) $ (0.10)
Diluted (in USD per share) $ (0.13) $ (0.10)
Weighted average number of common shares    
Basic (in shares) 190,707,085 175,625,552
Diluted (in shares) 190,707,085 175,625,552
Comprehensive loss    
Unrealized gain on available-for-sale securities $ (31) $ 50
Comprehensive loss (24,557) (17,825)
Collaborations and licenses    
Revenue    
Revenues 1,316 939
Non-cash royalty revenue    
Revenue    
Revenues $ 448 $ 593