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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Collaboration Revenues $ 22,100 $ 10,287
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Operating expenses:    
Research and development $ 80,255 $ 48,819
General and administrative [1] 16,271 14,374
Impairment of long-lived assets 0 4,925
Total operating expenses 96,526 68,118
Loss from operations (74,426) (57,831)
Other income (expense):    
Interest and other Income 8,917 9,343
Interest and other expense (72) (69)
Total other income: 8,845 9,274
Net loss (65,581) (48,557)
Other comprehensive loss:    
Unrealized gain (loss) on marketable securities 1,427 (1,225)
Total comprehensive loss (64,154) (49,782)
Net loss $ (65,581) $ (48,557)
Net loss per share, basic $ (0.82) $ (0.69)
Net loss per share, diluted $ (0.82) $ (0.69)
Weighted average common shares outstanding, basic 80,146,531 70,770,320
Weighted average common shares outstanding, diluted 80,146,531 70,770,320
[1] General and administrative expense for the quarter ended March 31, 2025 and 2024 is inclusive of $6.7 million and $5.9 million of stock-based compensation expense, respectively.