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Income Taxes - Summary of Net Deferred Income Tax Asset (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Deferred tax assets:      
Capitalized research and development $ 65,606 $ 41,901  
Net operating losses 32,148 14,443  
Equity-based compensation 21,035 16,960  
Research and development credits 6,970 3,155  
Accrued expenses 2,699 1,836  
Basis difference on gain on sale of Cullinan Pearl 1,700 1,700  
Licenses 694 7,189  
Lease liability 590 985  
Capitalized organizational and start-up expenses 101 116  
Gross deferred tax assets 131,543 88,285  
Valuation allowance (130,939) (87,371) $ (46,766)
Net deferred tax asset 604 914  
Deferred tax liability      
ROU asset 457 697  
Depreciation and amortization 147 217  
Net deferred tax asset $ 0 $ 0