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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue:        
Federal contract revenue $ 1,814 $ 1,790 $ 8,862 $ 3,303
Total revenue 6,081 1,790 16,461 15,976
Expenses:        
Research and development 21,412 21,495 49,345 39,486
Selling, general and administrative 15,722 17,061 30,926 28,798
Cost of IP license fee       1,169
Total expenses 37,520 38,556 80,863 69,453
Loss from operations (31,439) (36,766) (64,402) (53,477)
Interest income 2,128 84 4,471 96
Interest expense (4,208) (2,656) (8,355) (4,348)
Other income (expense), net 47 (95) 84 (1,065)
Loss before income taxes (33,472) (39,433) (68,202) (58,794)
Benefit for income taxes 1,538   1,538  
Net loss applicable to common stockholders $ (31,934) $ (39,433) $ (66,664) $ (58,794)
Per share information:        
Net loss per share of common stock-basic $ (0.61) $ (1.06) $ (1.28) $ (1.59)
Net loss per share of common stock-diluted $ (0.61) $ (1.06) $ (1.28) $ (1.59)
Basic weighted average shares outstanding 52,551,918 37,155,917 52,162,962 37,023,976
Diluted weighted average shares outstanding 52,551,918 37,155,917 52,162,962 37,023,976
Other comprehensive loss:        
Unrealized gain on available-for-sale securities $ (188)   $ (114)  
Total comprehensive loss (32,122) $ (39,433) (66,778) $ (58,794)
Product revenue, net        
Revenue:        
Revenue 4,249   7,581  
Expenses:        
Cost of product revenue 386   592  
Collaboration revenue        
Revenue:        
Revenue $ 18   $ 18 $ 12,673