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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Collaboration revenue (note 9) $ 0 $ 0 $ 7,500 $ 0
Operating expenses:        
Research and development 74,985 49,702 136,185 93,952
General and administrative 19,244 19,402 38,282 34,193
Total operating expenses 94,229 69,104 174,467 128,145
Loss from operations (94,229) (69,104) (166,967) (128,145)
Other income:        
Interest income 7,199 10,837 15,282 22,192
Foreign exchange gain 1,698 10 1,733 177
Total other income 8,897 10,847 17,015 22,369
Loss before income taxes (85,332) (58,257) (149,952) (105,776)
Income tax recovery (expense) 626 333 199 (79)
Net loss (84,706) (57,924) (149,753) (105,855)
Other comprehensive income (loss):        
Unrealized gain (loss) on available-for-sale securities (note 5) 949 (443) 1,725 (2,135)
Comprehensive loss $ (83,757) $ (58,367) $ (148,028) $ (107,990)
Net loss per common share (note 10):        
Basic $ (1.07) $ (0.75) $ (1.9) $ (1.36)
Diluted $ (1.07) $ (0.75) $ (1.9) $ (1.36)
Weighted-average common shares outstanding (note 10):        
Basic 78,953,445 77,671,128 78,820,474 77,632,864
Diluted 78,953,445 77,671,128 78,820,474 77,632,864