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v3.26.1

Segment Reporting (Details) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2026 USD ($) segment | Mar. 31, 2025 USD ($)
Segment Reporting [Abstract] |  |
Number of operating segments | segment | 1 |
Number Of Reportable Segments Not Disclosed Flag | true |
Revenue, Major Customer [Line Items] |  |
Research and development | $ 26,480 | $ 30,880
General and administrative | 16,424 | 18,736
Total operating expenses | 42,904 | 49,616
Loss from operations: | (42,904) | (49,616)
Fair value change of warrant liabilities | 130,916 | 19,460
Benefit from R&D tax credit | 2,477 | 8,448
Interest income | 2,419 | 2,386
Interest expense | (1,465) | (1,124)
Foreign exchange (losses) gains | (736) | 2,133
Other income | 484 | 803
Income tax benefit (expense) | 11 | (354)
Net income (loss) | 91,202 | (17,864)
Single Operating Segment |  |
Revenue, Major Customer [Line Items] |  |
Total operating expenses | 42,904 | 49,616
Loss from operations: | (42,904) | (49,616)
Fair value change of warrant liabilities | 130,916 | 19,460
Benefit from R&D tax credit | 2,477 | 8,448
Interest income | 2,419 | 2,386
Interest expense | (1,465) | (1,124)
Foreign exchange (losses) gains | (736) | 2,133
Other income | 484 | 803
Income tax benefit (expense) | 11 | (354)
Net income (loss) | 91,202 | (17,864)
Development expenses | Single Operating Segment |  |
Revenue, Major Customer [Line Items] |  |
Research and development | 16,244 | 21,696
Personnel expenses | Single Operating Segment |  |
Revenue, Major Customer [Line Items] |  |
Research and development | 6,792 | 6,069
General and administrative | 5,760 | 5,061
Non-cash share-based compensation expense | Single Operating Segment |  |
Revenue, Major Customer [Line Items] |  |
Research and development | 935 | 1,524
General and administrative | 1,961 | 2,411
Other expenses | Single Operating Segment |  |
Revenue, Major Customer [Line Items] |  |
Research and development | 2,509 | 1,591
Legal and professional fees | Single Operating Segment |  |
Revenue, Major Customer [Line Items] |  |
General and administrative | 6,527 | 9,364
Facilities and other expenses | Single Operating Segment |  |
Revenue, Major Customer [Line Items] |  |
General and administrative | $ 2,176 | $ 1,900

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