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Income taxes - Reconciliation of Provision for Income Taxes (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Tax Disclosure [Abstract]      
Income (loss) before income taxes $ (131,162) $ (191,740) $ (81,846)
Swiss federal statutory tax rate 8.50% 8.50% 8.50%
Income taxes at Swiss rate $ (11,149) $ (16,298) $ (6,957)
Change in valuation allowance 1,261,855 13,427 (14,238)
Unamortized intangible assets (1,240,745) 0 0
Foreign taxes rate differential 16,077 10,620 25,716
Share based compensation 13,551 2,332 5,318
Research and development credits (3,130) (6,483) (4,898)
Return to provision true-ups (31) 10,854 (1,020)
Withholding Taxes 350 435 548
Effect of tax law change 647 6 5,681
Other 40 410 538
Income tax expenses $ 37,465 $ 15,303 $ 10,688
Effective tax rate (28.60%) (8.00%) (13.10%)