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Benefit from R&D Credit | 3 Months Ended
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Mar. 31, 2025
Benefit from Research and Development Credit [Abstract] |
Benefit from R&D Credit | # 8. Benefit from R&D credit An additional $2.7 million was recognized in respect of research and development tax credits in the three months ended March 31, 2025 (three months ended March 31, 2024: $2.5 million). The current asset at March 31, 2025 was $16.8 million, comprised of $2.7 million in respect of research and development activities for the three months ended March 31, 2025 and $14.1 million in respect of the year ended December 31, 2024. In the three months ended, March 31, 2025, the Group received $11.0 million related to the receipt of the 2023 claim.

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