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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 748,420 $ 771,743
Prepayments and other receivables 8,827 24,272
Employee receivables   4,951
Marketable securities 60,057 62,447
Total current assets 817,304 863,413
Property, plant and equipment, net 238 242
Operating right of use asset 369 431
Intangible assets 502 534
Total assets 818,413 864,620
Current liabilities:    
Accounts payable 6,087 4,744
Accrued expenses and other current liabilities 8,021 13,608
Deferred revenue, current 3,030 6,008
Lease liability, current 252 246
Derivative earnout liability, current   44,798
Derivative warrant liabilities 23,523 37,514
Total current liabilities 40,913 106,918
Lease liability, net of current portion 137 202
Total liabilities 41,050 107,120
Commitments and contingencies (Note 10)
Shareholders' Equity:    
Ordinary shares 13,968 13,444
Additional paid-in capital 1,357,059 1,298,160
Accumulated loss (598,098) (558,571)
Accumulated other comprehensive income 4,434 4,467
Total shareholders' equity 777,363 757,500
Total liabilities and shareholders' equity $ 818,413 $ 864,620