v3.25.3
Segment Reporting - Schedule of segment reporting (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        
Number of operating segments | segment     1  
Number of reportable segments | segment     1  
Revenue $ 3,701 $ 2,287 $ 10,530 $ 21,898
Loss from operations (51,035) (40,228) (134,231) (138,466)
Depreciation and amortization expense     (11,789) (8,285)
Fair value loss - contingent consideration     (5,293) 2,032
Fair value loss - liability related to pre-funded warrants 5,700   5,722  
Foreign currency gains, net (428) 7,564 25,382 5,430
Interest income 3,503 4,866 11,154 17,179
Interest expense - Royalty Financing Agreement     (29,209) (33,107)
Other reconciling items (7,222)   (7,222)  
Loss before income tax expense (71,903) (44,409) (152,338) (164,722)
Operating Segment | Single Reportable Segment        
Segment reporting        
Revenue 3,701 2,287 10,530 21,898
Employee related expenses (14,666) (14,712) (43,407) (61,760)
Laboratory and development expenses (18,675) (9,028) (50,235) (27,508)
Professional fees (4,814) (1,792) (9,995) (6,751)
Facility expenses (1,677) (2,572) (5,048) (12,335)
Consumables (750) (1,439) (2,383) (8,123)
Other segment items(1) (2,418) (2,185) (5,397) (10,248)
Loss from operations $ (39,299) $ (29,441) $ (105,935) $ (104,827)
Other segment items description Other segment items included in segment operating loss include costs related to intellectual property, information technology and insurance offset by income related to payments received from European authorities to subsidize the Company’s research and development in the Netherlands. Other segment items included in segment operating loss include costs related to intellectual property, information technology and insurance offset by income related to payments received from European authorities to subsidize the Company’s research and development in the Netherlands. Other segment items included in segment operating loss include costs related to intellectual property, information technology and insurance offset by income related to payments received from European authorities to subsidize the Company’s research and development in the Netherlands. Other segment items included in segment operating loss include costs related to intellectual property, information technology and insurance offset by income related to payments received from European authorities to subsidize the Company’s research and development in the Netherlands.
Material Reconciling | Single Reportable Segment        
Segment reporting        
Depreciation and amortization expense $ (3,632) $ (2,986) $ (11,789) $ (8,285)
Share-based compensation expense (3,522) (3,438) (13,016) (17,509)
Fair value loss - contingent consideration (1,823) 411 (5,293) 2,032
Fair value loss - liability related to pre-funded warrants (5,722)   (5,722)  
Foreign currency gains, net (428) 7,564 25,382 5,430
Interest income 3,503 4,866 11,154 17,179
Interest expense - Royalty Financing Agreement (13,806) (12,832) (40,885) (37,671)
Interest expense - Hercules debt facility (1,794) (3,779) (5,415) (11,194)
Other reconciling items $ (5,379) $ (4,774) $ (818) $ (9,877)