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Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Amount      
Income taxes (benefit) at statutory federal rate $ (32,596) $ (43,673) $ (71,151)
State and local taxes, net of federal income tax effect 0    
Other foreign (23)    
Changes in valuation allowance 37,622 37,471 17,839
Stock compensation 773    
Change in fair market value of contingent value right (6,251)    
Limitation on officers' compensation 2,860    
Permanent and other items 114 1,865 4,472
Other 10 191 0
Stock based compensation - deferred only (2,524)    
Loss on forward contract valuation   0 17,541
Acquired IPR&D   0 27,340
Loss on CVR revaluation   4,290 3,987
Federal tax credits   (91) (1)
Effect of tax rate on foreign jurisdiction   (2) (53)
Provision / (benefit) for income taxes $ (15) $ 51 $ (26)
Percent      
Income taxes (benefit) at statutory federal rate 21.00%    
State and local taxes, net of federal income tax effect 0.00%    
Other foreign 0.01%    
Changes in valuation allowance (24.24%)    
Stock compensation (0.50%)    
Change in fair market value of contingent value right 4.03%    
Limitation on officers' compensation (1.84%)    
Permanent and other items (0.07%)    
Other (0.01%)    
Stock based compensation - deferred only 1.63%    
Provision / (benefit) for income taxes 0.01%