v3.25.2
Merger with Sesen Bio (Tables)
12 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Net Assets Acquired in the Merger

The following table shows the net assets acquired in the Merger (in thousands):

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March 7, 2023

Cash and cash equivalents

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$

37,873

Marketable securities

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44,588

Prepaid expenses and other assets

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1,316

Restricted cash

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30

Accounts payable and accrued expenses

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(3,499)

Total net assets acquired

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80,308

Less: Transaction costs

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(8,264)

Total net assets acquired less transaction costs

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$

72,044