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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 771,743 $ 340,450
Prepayments and other receivables 24,272 6,341
Employee receivables 4,951  
Marketable securities 62,447  
Total current assets 863,413 346,791
Property, plant and equipment, net 242 46
Operating right of use asset 431 55
Intangible assets 534 170
Long term prepaid expenses   35
Total assets 864,620 347,097
Current liabilities:    
Accounts payable 4,744 16,923
Accrued expenses and other current liabilities 13,608 11,398
Deferred revenue, current 6,008 8,942
Lease liability, current 246 60
Derivative earnout liability, current 44,798  
Derivative warrant liabilities 37,514 12,574
Total current liabilities 106,918 49,897
Deferred revenue, net of current portion   1,019
Lease liability, net of current portion 202  
Derivative earnout liability, net of current portion   7,788
Total liabilities 107,120 58,704
Commitments and contingencies (Note 13)
Shareholders' Equity:    
Ordinary shares 13,444 10,173
Additional paid-in capital 1,298,160 590,771
Accumulated loss (558,571) (316,973)
Accumulated other comprehensive income 4,467 4,422
Total shareholders' equity 757,500 288,393
Total liabilities and shareholders' equity $ 864,620 $ 347,097