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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues, net:        
Total revenues, net $ 2,825 $ 3,039 $ 7,275 $ 7,514
Costs and expenses:        
Cost of royalty revenues 62 151 186 376
Research and development 10,813 8,602 34,571 24,112
General and administrative 4,556 4,334 15,318 12,524
Total costs and expenses 15,431 13,087 50,075 37,012
Loss from operations (12,606) (10,048) (42,800) (29,498)
Other expense:        
Interest income 335 54 577 158
Imputed interest expense related to the sale of future royalties (1,023) (1,057) (3,120) (3,366)
Other income (expense), net 0 0 0 890
Total other expense (688) (1,003) (2,543) (2,318)
Net loss $ (13,294) $ (11,051) $ (45,343) $ (31,816)
Net loss per common share (basic ) (in dollars per share) $ (0.14) $ (0.12) $ (0.49) $ (0.35)
Net loss per common share (diluted) (in dollars per share) $ (0.14) $ (0.12) $ (0.49) $ (0.35)
Weighted average common shares (basic) (in shares) 93,791,178 91,601,362 92,370,359 91,552,433
Weighted average common shares (diluted) (in shares) 93,791,178 91,601,362 92,370,359 91,552,433
Net loss $ (13,294) $ (11,051) $ (45,343) $ (31,816)
Other comprehensive income:        
Unrealized gain (loss) on marketable securities 76 0 (370) 0
Comprehensive loss (13,218) (11,051) (45,713) (31,816)
Royalties        
Revenues, net:        
Total revenues, net 2,843 3,058 7,377 7,593
Other revenue        
Revenues, net:        
Total revenues, net 0 0 0 1
Contra revenue, net        
Revenues, net:        
Total revenues, net $ (18) $ (19) $ (102) $ (80)