Asset acquisitions (Tables)

3 Months Ended

Mar. 31, 2024

Asset acquisitions

Schedule of fair values of assets acquired and liabilities

The consideration paid and the relative fair values of the assets acquired and liabilities assumed were as follows (in thousands):

	Amount
Common stock issued to Ayala	$	50,645
Upfront consideration paid to Ayala		20,039
Transaction costs		657
Consideration paid	$	71,341
Assets acquired:
In-process research and development	$	73,382
Total assets acquired	$	73,382
Liabilities assumed:
Accrued expenses	$	2,041
Total liabilities assumed	$	2,041
Net assets acquired	$	71,341