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Collaborations (Tables)

12 Months Ended

Dec. 31, 2025

Toray Agreement

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Schedule of Changes in Contract Liability

The following table presents changes in the Company's contract liability (in thousands):

Balance at December 31, 2023		$	1,502
Addition—amount billed or accrued for research and development services			317
Revenue recognized			(914	)
Balance at December 31, 2024			905
Addition—amount billed or accrued for research and development services			228
Revenue recognized			(313	)
Balance at December 31, 2025		$	820

Genmab Agreement

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Schedule of Changes in Contract Liability

The following table presents changes in the Company’s contract liability (in thousands):

Balance at December 31, 2023		$	6,664
Addition—amount billed for research and development services			2,369
Revenue recognized			(3,303	)
Balance at December 31, 2024			5,730
Addition—amount billed for research and development services			2,825
Revenue recognized			(7,382	)
Balance at December 31, 2025		$	1,173

Innovent Agreement

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Schedule of Changes in Contract Liability

The following table presents changes in the Company’s contract liability (in thousands):

Balance at December 31, 2023		$	3,142
Addition—amount billed for research and development services			331
Revenue recognized			(3,473	)
Balance at December 31, 2024			—

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 808
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479402/808-10-50-1

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- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

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