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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating expenses:    
Research and development $ 187,584 $ 155,972
General and administrative 33,977 27,268
Total operating expenses 221,561 183,240
Loss from operations (221,561) (183,240)
Other income, net 493 4,305
Loss before provision for income taxes (221,068) (178,935)
Provision for income taxes 609 569
Net loss $ (221,677) $ (179,504)
Net loss per share — basic (in dollars per share) $ (2.17) $ (2.20)
Net loss per share — diluted (in dollars per share) $ (2.17) $ (2.20)
Weighted average common shares outstanding—basic (in shares) 101,943,396 81,601,826
Weighted average common shares outstanding—diluted (in shares) 101,943,396 81,601,826
Net loss $ (221,677) $ (179,504)
Other comprehensive loss, net of tax (6) (41)
Comprehensive loss $ (221,683) $ (179,545)