Quarterly report [Sections 13 or 15(d)]

Segment Information (Tables)

v3.25.3
Segment Information (Tables)
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Reconciliation Of Operating Profit Loss From Segments To Consolidated For additional information on the year over year change of segment expenses refer to Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

(in thousands)

 

 

(in thousands)

 

Research and development expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Personnel

 

$

11,700

 

 

$

10,289

 

 

$

35,066

 

 

$

27,453

 

Clinical trials

 

 

10,872

 

 

 

6,228

 

 

 

28,453

 

 

 

15,963

 

Development services

 

 

3,677

 

 

 

4,495

 

 

 

11,442

 

 

 

12,954

 

Manufacturing

 

 

12,997

 

 

 

4,835

 

 

 

29,639

 

 

 

12,176

 

License of intellectual property

 

 

 

 

 

4

 

 

 

 

 

 

1,519

 

Other research and development costs (1)

 

 

578

 

 

 

439

 

 

 

1,880

 

 

 

1,606

 

General and administration expenses

 

 

6,764

 

 

 

6,756

 

 

 

23,150

 

 

 

19,685

 

Interest income

 

 

(1,808

)

 

 

(2,417

)

 

 

(4,705

)

 

 

(8,078

)

Interest expense

 

 

584

 

 

 

 

 

 

1,449

 

 

 

 

Other income, net

 

 

(498

)

 

 

 

 

 

(437

)

 

 

 

Net loss

 

$

44,866

 

 

$

30,629

 

 

$

125,937

 

 

$

83,278

 

(1) Other research and development costs includes costs associated with information technology, travel, medical and scientific symposiums and conferences.