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Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating expenses:      
Research and development (including related party expenses of $0, $0 and $2,359 in 2023, 2022 and 2021, respectively) $ 332,341 $ 169,451 $ 78,411
Acquired manufacturing rights (Note 7) 75,000 22,995 0
General and administrative 60,700 39,810 25,259
Total operating expenses 468,041 232,256 103,670
Loss from operations (468,041) (232,256) (103,670)
Other income (expense), net:      
Interest expense 0 (2) (7)
Interest income 62,907 8,356 344
Grant income 4,765 1,931 1,585
Realized gains on marketable securities 0 0 2
Loss on disposal of fixed assets 0 (44) 0
Foreign currency transaction (losses) gains (1,897) (1,470) 1,669
Total other income, net 65,775 8,771 3,593
Net loss $ (402,266) $ (223,485) $ (100,077)
Net loss per share, basic $ (4.14) $ (3.44) $ (1.93)
Net loss per share, diluted $ (4.14) $ (3.44) $ (1.93)
Weighted-average shares outstanding, basic [1] 97,157,690 64,877,988 51,922,108
Weighted-average shares outstanding, diluted [1] 97,157,690 64,877,988 51,922,108
[1] Includes shares of common stock into which pre-funded warrants may be exercised. See Note 9, “Pre-Funded Warrants.”