XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Condensed Consolidated Statements of Operations and Comprehensive Loss        
Collaboration revenues $ 2,676 $ 5,352 $ 31,567 $ 21,645
Operating expenses:        
Research and development 48,265 39,868 123,188 111,799
General and administrative 18,257 16,281 50,588 45,557
Total operating expenses 66,522 56,149 173,776 157,356
Loss from operations (63,846) (50,797) (142,209) (135,711)
Other income (expense):        
Interest and other income 10,583 3,985 23,981 7,726
Interest expense (33) (814) (1,678) (2,443)
Loss on extinguishment of debt (954)   (954)  
Total other income, net 9,596 3,171 21,349 5,283
Net loss before income tax provision (54,250) (47,626) (120,860) (130,428)
(Benefit from) provision for income taxes (3,448) 2,272 (3,683) 1,137
Net loss $ (50,802) $ (49,898) $ (117,177) $ (131,565)
Net loss per share, basic $ (0.74) $ (1.26) $ (2.15) $ (3.95)
Net loss per share, diluted $ (0.74) $ (1.26) $ (2.15) $ (3.95)
Weighted average ordinary shares outstanding, basic 68,988,858 39,576,467 54,566,490 33,291,701
Weighted average ordinary shares outstanding, diluted 68,988,858 39,576,467 54,566,490 33,291,701
Comprehensives loss:        
Net Income (Loss) $ (50,802) $ (49,898) $ (117,177) $ (131,565)
Other comprehensive income:        
Foreign currency translation adjustment (2,093) 3,762 (1,881) 2,498
Total comprehensive loss $ (52,895) $ (46,136) $ (119,058) $ (129,067)