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SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company has identified its Chief Executive Officer as the CODM. Management uses one measure of profitability and does not segregate the Company’s business for internal reporting. Operating results and assets are reviewed by the CODM primarily at the consolidated entity level for purposes of making resource allocation decisions and for evaluating financial performance. Accordingly, the Company has a single operating and reportable segment comprising all of the Company’s operations.
The key measure of segment profit and loss that the CODM uses to allocate resources and assess performance is the Company’s net loss. The CODM uses net loss to assess the Company’s ongoing financial needs in relation to current resources in assessing performance and allocating resources.
The table below details the Company’s revenues, significant expenses, and other segment items and reconciles those amounts to the Company’s consolidated net loss as computed under U.S. GAAP in the Consolidated Statements of Operations:
Year Ended December 31,
20242023
Revenues$57,800 $176,232 
Less:
Research and development70,289 108,497 
General and administrative37,827 45,322 
Clinical manufacturing operations35,345 97,697 
Impairment of long-lived assets5,521 65,528 
Impairment of goodwill and indefinite-lived intangible assets— 89,485 
Stock-based compensation12,382 27,363 
Other segment items (*)
(5,623)171 
Net loss$(97,941)$(257,831)
(*) Other segment items include restructuring charges, interest and other income, net, and income tax benefit.