XML 92 R66.htm IDEA: XBRL DOCUMENT v3.25.0.1
Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Deferred Tax Liabilities      
Unrealized gains on investments $ 117 $ 117 $ 0
Other deferred tax liabilities 100 0 0
Total Deferred Tax Liabilities 217 117 0
Deferred Tax Assets      
Charitable contributions 37 37 45
Accrued expenses 8,082 3,857 2,398
Intangibles 401 503 589
Gross to net accruals 167 0 0
Stock compensation 16,342 33,976 27,226
Property, plant & equipment 172 95 106
Unrealized loss on investment 0 0 8
Net operating losses 214,427 121,552 68,305
Capitalized R&D 200,199 175,145 137,328
R&D credit 69,201 48,074 35,103
Total deferred tax assets before valuation allowance 509,028 383,239 271,108
Valuation allowance (508,811) (383,122) (271,108)
Total deferred tax assets 217 117 0
Net deferred tax assets $ 0 $ 0 $ 0