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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenues $ 26 $ 11 $ 155 $ 320
Operating expenses:        
Research and development 19,646 17,396 56,918 53,144
General and administrative 5,173 9,304 15,252 19,431
Total operating expenses 24,819 26,700 72,170 72,575
Loss from operations (24,793) (26,689) (72,015) (72,255)
Other income:        
Interest income and other, net 1,914 2,703 6,582 8,321
Net loss (22,879) (23,986) (65,433) (63,934)
Other comprehensive loss:        
Unrealized gain (loss) on debt investments, net 466 188 251 (288)
Comprehensive loss $ (22,413) $ (23,798) $ (65,182) $ (64,222)
Per share information:        
Net loss, basic (in dollars per share) $ (0.26) $ (0.27) $ (0.73) $ (0.72)
Net loss, diluted (in dollars per share) $ (0.26) $ (0.27) $ (0.73) $ (0.72)
Weighted-average shares outstanding, basic (in shares) 89,701,117 88,620,666 89,531,017 88,500,813
Weighted-average shares outstanding, diluted (in shares) 89,701,117 88,620,666 89,531,017 88,500,813
Contract and grant revenue        
Revenues:        
Total revenues $ 26 $ 11 $ 155 $ 271
Licensing revenue        
Revenues:        
Total revenues $ 0 $ 0 $ 0 $ 49