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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating expenses:        
Research and development $ 30,106 $ 53,206 $ 97,056 $ 170,528
Research and development related success payments and contingent consideration 3,124 (5,497) 15,343 4,566
General and administrative 10,285 14,052 32,110 46,763
Impairment of long-lived assets     44,611  
Total operating expenses 43,515 61,761 189,120 221,857
Loss from operations (43,515) (61,761) (189,120) (221,857)
Interest income, net 1,003 2,579 2,572 8,815
Other income (expense), net 360 (742) 1,207 (4,648)
Net loss $ (42,152) $ (59,924) $ (185,341) $ (217,690)
Net loss per common share - basic $ (0.16) $ (0.25) $ (0.75) $ (0.95)
Net loss per common share - diluted $ (0.16) $ (0.25) $ (0.75) $ (0.95)
Weighted-average number of common shares - basic 260,494 235,412 245,580 229,076
Weighted-average number of common shares - diluted 260,494 235,412 245,580 229,076