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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues, net:        
Total revenues, net $ 2,393 $ 2,286 $ 4,450 $ 4,475
Costs and expenses:        
Cost of royalty revenues 42 116 124 225
Research and development 12,323 8,753 23,758 15,510
General and administrative 5,089 4,067 10,762 8,190
Total costs and expenses 17,454 12,936 34,644 23,925
Loss from operations (15,061) (10,650) (30,194) (19,450)
Other expense:        
Interest income 162 58 242 104
Imputed interest expense related to the sale of future royalties (1,041) (1,136) (2,097) (2,309)
Other income (expense), net 0 890 0 890
Total other expense (879) (188) (1,855) (1,315)
Net loss $ (15,940) $ (10,838) $ (32,049) $ (20,765)
Net loss per common share (basic ) (in dollars per share) $ (0.17) $ (0.12) $ (0.35) $ (0.23)
Net loss per common share (diluted) (in dollars per share) $ (0.17) $ (0.12) $ (0.35) $ (0.23)
Weighted average common shares (basic) (in shares) 91,650,950 91,547,390 91,648,175 91,527,563
Weighted average common shares (diluted) (in shares) 91,650,950 91,547,390 91,648,175 91,527,563
Net loss $ (15,940) $ (10,838) $ (32,049) $ (20,765)
Other comprehensive income:        
Unrealized loss on marketable securities (104) 6 (446) 0
Comprehensive loss (16,044) (10,832) (32,495) (20,765)
Royalties        
Revenues, net:        
Total revenues, net 2,474 2,348 4,534 4,535
Other revenue        
Revenues, net:        
Total revenues, net 0 1 0 1
Contra revenue, net        
Revenues, net:        
Total revenues, net $ (81) $ (63) $ (84) $ (61)