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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
Revenue:        
Federal contract revenue $ 56 $ 1,891 $ 295 $ 10,753
Total revenue 8,541 7,338 24,276 23,799
Expenses:        
Research and development 16,334 23,661 61,349 73,006
Selling, general and administrative 12,573 14,868 47,909 45,794
Restructuring Costs     1,950  
Total expenses 29,621 38,984 113,413 119,847
Loss from operations (21,080) (31,646) (89,137) (96,048)
Interest income 598 1,895 3,169 6,366
Interest expense (3,843) (4,242) (12,806) (12,597)
Other income, net 100 1,021 52 1,105
Loss before income taxes (24,225) (32,972) (98,722) (101,174)
Benefit for income taxes       1,538
Net loss applicable to common shareholders $ (24,225) $ (32,972) $ (98,722) $ (99,636)
Per share information:        
Net loss per share of common stock-basic (in dollar per share) $ (0.42) $ (0.61) $ (1.73) $ (1.89)
Net loss per share of common stock-diluted (in dollar per share) $ (0.42) $ (0.61) $ (1.73) $ (1.89)
Basic weighted average shares outstanding (in shares) 57,229,229 53,920,109 57,049,038 52,755,114
Diluted weighted average shares outstanding (in shares) 57,229,229 53,920,109 57,049,038 52,755,114
Other comprehensive income:        
Unrealized gain (loss) on available-for-sale securities   $ 43 $ 20 $ (71)
Total comprehensive loss $ (24,225) (32,929) (98,702) (99,707)
Product revenue, net        
Revenue:        
Revenue 8,468 5,429 23,928 13,010
Expenses:        
Cost of product revenue 714 455 2,205 1,047
Collaboration revenue        
Revenue:        
Revenue $ 17 $ 18 $ 53 $ 36