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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating expenses:        
Research and development $ 6,029 $ 3,965 $ 15,161 $ 37,079
General and administrative 13,290 6,222 24,296 14,732
Total operating expenses 19,319 10,187 39,457 51,811
Loss from operations (19,319) (10,187) (39,457) (51,811)
Other (income)/expense, net:        
Other (income)/expense, net (22) 4 (47) 7
Interest income (2,461) (815) (5,872) (816)
Dividend income   (987)   (1,392)
Change in fair value of private placement warrants 3,866 (119) 5,240 236
Change in fair value of note payable       2,244
Total other (income)/expense, net 1,383 (1,917) (679) 279
Loss before income taxes (20,702) (8,270) (38,778) (52,090)
Income tax benefit
Net loss before redeemable noncontrolling interest (20,702) (8,270) (38,778) (52,090)
Net loss attributable to redeemable noncontrolling interest       203
Net loss (20,702) (8,270) (38,778) (51,887)
Accretion of redeemable noncontrolling interest to redemption value (2,240)   (4,577) (203)
Deemed dividend to redeemable noncontrolling interest       (10,875)
Adjustment of redeemable noncontrolling interest from redemption value to carrying value     (7,017)  
Net loss attributable to Class A Ordinary Shareholders of Zura $ (22,942) $ (8,270) $ (36,338) $ (62,965)
Net loss per share attributable to Class A Ordinary Shareholders of Zura, basic (in dollars per share) $ (0.26) $ (0.18) $ (0.52) $ (2.22)
Net loss per share attributable to Class A Ordinary Shareholders of Zura, diluted (in dollars per share) $ (0.26) $ (0.18) $ (0.52) $ (2.22)
Weighted-average Class A Ordinary Shares used in computing net loss per share attributable to Class A Ordinary Shareholders of Zura, basic (in shares) 87,335,667 46,876,344 69,778,401 28,402,487
Weighted-average Class A Ordinary Shares used in computing net loss per share attributable to Class A Ordinary Shareholders of Zura, diluted (in shares) 87,335,667 46,876,344 69,778,401 28,402,487