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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 22,408 $ 36,330
Investments in marketable short-term securities 71,294 86,293
Accounts receivable 905 2,409
Prepaid expenses and other current assets 2,835 2,284
Total current assets 97,442 127,316
Property and equipment, net of accumulated depreciation and impairment of $13,347 (December 31, 2024: $12,996) 137 3,309
Right of use asset 0 1,048
Other non-current assets 131 34
Total assets 97,710 131,707
Current liabilities:    
Accounts payable and accrued liabilities 4,653 7,564
Deferred license revenue, current 0 7,571
Lease liability, current 531 483
Total current liabilities 5,184 15,618
Liability related to sale of future royalties 3,684 4,829
Deferred license revenue, non-current 0 2,863
Contingent consideration 11,052 10,225
Lease liability, non-current 391 806
Total liabilities 20,311 34,341
Stockholders’ equity    
Issued and outstanding: 191,953,665 (December 31, 2024: 189,963,492) 1,418,560 1,410,025
Additional paid-in capital 83,285 82,048
Deficit (1,376,317) (1,346,572)
Accumulated other comprehensive loss (48,129) (48,135)
Total stockholders’ equity 77,399 97,366
Total liabilities and stockholders’ equity $ 97,710 $ 131,707