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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ 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 $ 14,245 $ 6,957 $ 30,872 $ 35,892
Type of Revenue [Extensible List] us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember
Operating expenses:        
Research and development $ 97,035 $ 114,207 $ 205,462 $ 226,054
General and administrative 27,206 31,793 56,213 62,884
Total operating expenses 124,241 146,000 261,675 288,938
Operating loss (109,996) (139,043) (230,803) (253,046)
Other income (expense), net:        
Interest income 7,402 12,422 16,005 25,054
Change in fair value of investments, net 1,339 (20,354) (786) (26,419)
Total other income (expense), net 8,741 (7,932) 15,219 (1,365)
Net loss $ (101,255) $ (146,975) $ (215,584) $ (254,411)
Net loss per share, basic $ (0.98) $ (1.52) $ (2.08) $ (2.64)
Net loss per share, diluted $ (0.98) $ (1.52) $ (2.08) $ (2.64)
Weighted average shares outstanding, basic 103,732 96,975 103,617 96,238
Weighted average shares outstanding, diluted 103,732 96,975 103,617 96,238
Other comprehensive loss:        
Unrealized (loss) gain on marketable securities $ (404) $ (208) $ 48 $ (1,029)
Comprehensive loss $ (101,659) $ (147,183) $ (215,536) $ (255,440)