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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Income Statement [Abstract]    
Grant revenue $ 884 $ 1,454
Operating expenses:    
Research and development 84,215 41,638
General and administrative 30,233 26,613
Goodwill impairment 0 24,062
Loss on disposal of property and equipment 0 27
Total operating expenses 114,448 92,340
Operating loss (113,564) (90,886)
Non-operating income (expense):    
Interest income 8,114 10,515
Interest and other expense (376) (48)
Other income from a related party (Note 3) 1,400 0
Equity in loss of affiliate (2) (8)
Total non-operating income, net 9,136 10,459
Net loss from continuing operations (104,428) (80,427)
Net gain (loss) from discontinued operations 514 (949)
Net loss before deferred income tax benefit (103,914) (81,376)
Deferred income tax benefit 793 2,097
Net loss $ (103,121) $ (79,279)
Basic and diluted loss per share:    
Loss from continuing operations, Basic $ (1.41) $ (1.22)
Loss from continuing operations, Diluted (1.41) (1.22)
Gain (loss) from discontinued operations, Basic 0.01 (0.01)
Gain (loss) from discontinued operations, Diluted 0.01 (0.01)
Basic loss per share (1.4) (1.23)
Diluted loss per share $ (1.4) $ (1.23)
Weighted average number of common shares used in computing net loss per share, basic and diluted:    
Basic 73,813 64,425
Diluted 73,813 64,425
Unrealized gain (loss) on available-for-sale securities $ 161 $ (51)
Comprehensive loss $ (102,960) $ (79,330)