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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Revenue (note 10)     $ 9,434
Operating expenses:      
Research and development $ 210,394 $ 167,512 105,767
General and administrative 68,904 46,542 32,810
Total operating expenses 279,298 214,054 138,577
Loss from operations (279,298) (214,054) (129,143)
Other income (expense):      
Interest income 41,943 27,620 8,713
Unrealized fair value gain (loss) on trading securities   3,550 (2,934)
Foreign exchange gain (loss) (1,064) 199 (1,891)
Other income (expense) 40,879 31,369 3,888
Loss before income taxes (238,419) (182,685) (125,255)
Income tax recovery (expense) (note 13) 4,089 292 (118)
Net loss (234,330) (182,393) (125,373)
Net loss attributable to preferred shareholders     (437)
Net loss attributable to common shareholders (234,330) (182,393) (124,936)
Other comprehensive income (loss):      
Unrealized gain (loss) on available-for-sale securities (note 5) (1,535) 2,923 (2,010)
Comprehensive loss $ (235,865) $ (179,470) $ (127,383)
Net loss per common share (note 11):      
Basic $ (3.01) $ (2.73) $ (2.06)
Diluted $ (3.01) $ (2.73) $ (2.06)
Weighted-average common shares outstanding (note 4):      
Basic 77,894,643 66,889,005 60,542,142
Diluted 77,894,643 66,889,005 60,542,142