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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment The table below is a summary of the segment loss, including significant segment expenses (in thousands):
Year ended December 31,
20242023
Operating expenses:
Research and Development:
Development expenses
$76,993 $48,306 
Personnel expenses
26,707 23,533 
Non-cash share-based compensation expense
10,309 8,910 
Facilities and other expenses1
5,030 6,769 
General and Administrative:
Personnel expenses
23,422 18,192 
Legal and professional fees
14,535 9,800 
Facilities and other expenses1
12,001 13,042 
Non-cash share-based compensation expense
9,208 8,367 
Total operating expenses
178,205 136,919 
Operating loss
(178,205)(136,919)
Benefit from R&D tax credit21,097 12,875 
Interest income8,268 4,623 
Interest expense(4,479)(2,204)
Foreign exchange (losses) gains
(1,032)3,686 
Other income
823 255 
Income tax expense(1,594)(780)
Net loss
$(155,122)$(118,464)
1Other expenses include subscriptions and memberships, consulting fees and company insurance.