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Selected Quarterly Information (Unaudited)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Information (Unaudited)
17.
 
Selected Quarterly Information (Unaudited)
        (in thousands, except per share amounts)
 
Year Ended December 31, 2020
   First
Quarter
     Second
Quarter
     Third
Quarter
     Fourth
Quarter
 
Revenue
   $ —        $ —        $ —        $ —    
Total operating expenses
     18,660        18,606        20,321        22,774  
Loss from operations
     (18,660 )       (18,606 )       (20,321 )       (22,774 ) 
Net income (loss) applicable to common shareholders
     (18,293 )       (18,596 )       (20,315 )       (22,772 ) 
Net income (loss) per share, basic
   $ (0.09 )     $ (0.09 )     $ (0.10 )     $ (0.11 ) 
Net income (loss) per share, diluted
   $ (0.09 )     $ (0.09 )     $ (0.10 )     $ (0.11 ) 
         
Year Ended December 31, 2019
   First
Quarter
     Second
Quarter
     Third
Quarter
     Fourth
Quarter
 
Revenue
   $ —        $ —        $ —        $ —    
Total operating expenses
     13,621        14,753        13,448        16,036  
Loss from operations
     (13,621 )       (14,753 )       (13,448 )       (16,036 ) 
Non-cash
inducement warrant expense
     —          —          (60,751 )       —    
Net income (loss) applicable to common shareholders
     (13,434 )       (14,620 )       (73,996 )       (15,746 ) 
Net income (loss) per share, basic
   $ (0.08 )     $ (0.09 )     $ (0.43 )     $ (0.09 ) 
Net income (loss) per share, diluted
   $ (0.08 )     $ (0.09 )     $ (0.43 )     $ (0.09 )