v3.25.3
Segment Information (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2025
USD ($)
segment
Sep. 30, 2024
USD ($)
Segment Reporting [Abstract]        
Number of operating segments | segment     1  
Segment Reporting, Asset Reconciling Item [Line Items]        
License and other revenue $ 0 $ 0 $ 15,000 $ 0
Other R&D expenses:        
General and administrative expenses (12,227) (12,502) (36,473) (37,105)
Share-based compensation 7,194 8,453 23,026 25,218
Interest and investment income 3,765 3,340 16,035 9,171
Interest expense (2,890) (2,557) (8,651) (7,611)
Income tax expense (166) (608) (2,341) (1,794)
Consolidated net loss (54,891) (42,566) (131,369) (124,428)
Reportable Segment        
Segment Reporting, Asset Reconciling Item [Line Items]        
License and other revenue 0 0 15,000 0
Less:        
OX2R agonist program expenses (35,562) (11,744) (88,336) (26,696)
LockBody program expenses (3,441) (2,815) (8,624) (9,081)
Discontinued R&D program expenses 585 (16,165) (3,524) (44,784)
Other R&D expenses:        
Personnel expenses (7,370) (4,393) (19,749) (14,893)
Research tax incentives 9,321 5,500 18,055 18,895
Other preclinical and clinical development expenses (1,798) (644) (3,999) (1,438)
General and administrative expenses (8,331) (7,691) (25,017) (23,260)
Share-based compensation (7,194) (8,453) (23,026) (25,218)
Interest and investment income 3,765 3,340 16,035 9,171
Interest expense (2,890) (2,557) (8,651) (7,611)
Other segment items (1,810) 3,664 2,808 2,281
Income tax expense (166) (608) (2,341) (1,794)
Consolidated net loss $ (54,891) $ (42,566) $ (131,369) $ (124,428)