XML 17 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Condensed Consolidated Statements of Operations and Comprehensive Loss    
Collaboration revenue (including from related parties, see note 12) $ 6,473 $ 19,516
Operating expenses:    
Research and development 31,526 27,092
General and administrative 9,640 8,607
Total operating expenses 41,166 35,699
Operating loss (34,693) (16,183)
Other income, net:    
Interest income 3,291 4,867
Other income 418  
Total other income, net 3,709 4,867
Loss before income taxes (30,984) (11,316)
Income tax provision 37 14
Net loss (31,021) (11,330)
Other comprehensive gain (loss):    
Net unrealized gain (loss) on available-for-sale securities 208 (458)
Total other comprehensive gain (loss) 208 (458)
Comprehensive loss $ (30,813) $ (11,788)
Net loss per share, basic (in dollars per share) $ (0.53) $ (0.2)
Net loss per share, diluted (in dollars per share) $ (0.53) $ (0.2)
Weighted-average common shares outstanding, basic (in shares) 58,349,769 57,117,046
Weighted-average common shares outstanding, diluted (in shares) 58,349,769 57,117,046