XML 68 R28.htm IDEA: XBRL DOCUMENT v3.25.1
Segment reporting (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Summary of Segment Loss Including Segment Expenses

The table below is a summary of the segment loss, including significant segment expenses (in thousands):

 

 

 

Twelve months ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

Research and laboratory

 

$

51,133

 

 

$

85,197

 

 

$

105,482

 

Technical operations and manufacturing

 

 

39,713

 

 

 

52,359

 

 

 

55,621

 

Clinical development

 

 

35,389

 

 

 

27,370

 

 

 

22,093

 

Facility costs

 

 

49,429

 

 

 

54,778

 

 

 

49,186

 

Support functions

 

 

45,587

 

 

 

54,355

 

 

 

51,390

 

Stock-based compensation

 

 

37,678

 

 

 

35,533

 

 

 

36,397

 

Portfolio prioritization costs

 

 

5,840

 

 

 

5,203

 

 

 

8,704

 

Other(1)

 

 

16,835

 

 

 

27,327

 

 

 

28,573

 

Research and development related success payments and contingent consideration

 

 

(8,881

)

 

 

(48,981

)

 

 

(84,882

)

Total operating expenses

 

 

272,723

 

 

 

293,141

 

 

 

272,564

 

Loss from operations

 

 

(272,723

)

 

 

(293,141

)

 

 

(272,564

)

Interest income, net

 

 

10,471

 

 

 

9,938

 

 

 

3,762

 

Other expense, net

 

 

(4,507

)

 

 

(52

)

 

 

(674

)

Net loss

 

$

(266,759

)

 

$

(283,255

)

 

$

(269,476

)

(1) Other segment expenses includes licensing costs, consulting fees, business taxes, insurance costs, impairment of certain lab equipment and leasehold improvements for the years ended December 31, 2024 and 2023, and costs incurred for the early termination of the Fremont lease for the year ended December 31, 2023.