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Subsequent Events
12 Months Ended
Dec. 31, 2025
Subsequent Events [Abstract]  
Subsequent Events
18. Subsequent Events
The Company has evaluated events and transactions occurring subsequent to December 31, 2025 through the date at which the financial statements were issued.
On February 24, 2026, we provided notice to Paragon of our intention to terminate the ADC Paragon Option Agreement and we expect that the agreement will terminate on or about March 26, 2026. The Company will no longer license intellectual property rights with respect to Former CR-003 following the Option Agreement Termination. In connection with the Option Agreement Termination, the Company will grant Parascent warrants to purchase 34,566 of our ordinary shares with an exercise price equal to the fair market value of our underlying shares on the grant date as settlement in full of our remaining 2026 obligation to issue warrants to Parascent under the ADC Paragon Option Agreement. Other than the warrant issuance, there are no early termination penalties associated with the termination.