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Segment Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Significant segment expenses which are regularly reported to the CODM for purposes of making decisions regarding the allocation of resources are included within the table below and are reconciled to consolidated net loss:
Years Ended December 31,
202420232022
(in thousands)
Total revenue$114,701 $— $— 
Less:
Seralutinib129,247 103,158 63,048 
Other segment items (1)
45,373 80,601 155,545 
     Interest income(1,779)(1,997)(1,583)
     Interest expense11,517 13,511 13,880 
     Other income, net(14,022)(15,456)(1,512)
      Income tax expense893 — — 
Segment net loss$(56,528)$(179,817)$(229,378)
(1) Other segment items include R&D expenses for other terminated programs. These costs include employee expenses, as well as allocations of consolidated overhead and stock compensation. Further, general and administrative expenses are also provided to the CODM regularly, but are included within other segment items as they are not utilized as part of the decision making process as it relates to the allocation of resources.