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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Summary of Reconciliation to Net Loss

A reconciliation to the net loss for the years ended December 31, 2024 and 2023 is included at the bottom of the table below.

 

 

 

December 31,

 

 

 

2024

 

 

2023

 

Segment expenses:

 

 

 

 

 

 

Personnel related expenses, excluding share-based compensation

 

$

41,129

 

 

$

42,329

 

Facilities expenses

 

 

19,403

 

 

 

16,392

 

Direct external development program expenses

 

 

21,431

 

 

 

29,517

 

Other segment expenses (1)

 

 

20,348

 

 

 

16,244

 

Total segment expenses:

 

 

102,311

 

 

 

104,482

 

Segment loss

 

 

(102,311

)

 

 

(104,482

)

 

 

 

 

 

 

 

Reconciling items:

 

 

 

 

 

 

Depreciation and amortization

 

 

(9,152

)

 

 

(5,869

)

Share-based compensation

 

 

(16,731

)

 

 

(17,199

)

Impairment of ROU asset

 

 

 

 

 

(4,100

)

Interest income

 

 

19,317

 

 

 

14,107

 

Other income, net

 

 

87

 

 

 

42

 

Net loss

 

$

(108,790

)

 

$

(117,501

)

 

(1) Other segment items include consultants and contractor, lab supplies, and general business expenses.