CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 99,134	$ 248,402
Marketable securities	386,857	133,417
Prepaid expenses	49,376	35,242
Income tax receivable	2,597	13,252
Other current assets	508	12,133
Total current assets	538,472	442,446
Property and equipment, net	17,320	17,191
Intangible assets	18,400	18,400
Goodwill	1,390	1,390
Other non-current assets	39,525	33,785
Total assets	615,107	513,212
Current liabilities:
Accounts payable	18,029	15,577
Accrued expenses and other current liabilities	51,487	39,846
Forward contract and derivative liability	84,710	0
Total current liabilities	154,226	55,423
Non-current operating lease liability	32,782	27,569
Other non-current liabilities	4,663	2,245
Total liabilities	191,671	85,237
Commitments and contingencies (Note 11)
Shareholders' Equity:
Preferred shares, no par value; 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2024 and 2023	0	0
Common shares, no par value; 200,000,000 shares authorized as of December 31, 2024 and 2023; 101,221,989 and 81,115,723 shares issued and outstanding as of December 31, 2024 and 2023, respectively	1,656,702	887,528
Additional paid-in capital	112,369	39,804
Accumulated deficit	(1,345,714)	(499,292)
Accumulated other comprehensive income (loss)	79	(65)
Total shareholders' equity	423,436	427,975
Total liabilities and shareholders' equity	$ 615,107	$ 513,212