XML 43 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenues $ 157,559 $ 2,937,991 $ 1,132,698 $ 5,872,321
Operating expenses:        
Research and development 29,205,739 17,041,975 54,356,051 40,823,756
General and administrative 4,155,928 4,220,238 11,636,001 9,097,511
Impairment loss on construction-in-progress     8,070,000  
Total operating expenses 33,361,667 21,262,213 74,062,052 49,921,267
Loss from operations (33,204,108) (18,324,222) (72,929,354) (44,048,946)
Other income (expense):        
Interest expense (32,866) (2,275) (66,763) (7,468)
Interest income 12,485 45,127 87,847 278,154
Other (expense) income, net (286,199) 29,218 (293,233) 48,882
Total other (expense) income, net (306,580) 72,070 (272,149) 319,568
Net loss before income tax benefit (33,510,688) (18,252,152) (73,201,503) (43,729,378)
Income tax benefit 0 482,017 0 5,306,678
Net loss (33,510,688) (17,770,135) (73,201,503) (38,422,700)
Other comprehensive (loss) income - unrealized (loss) gain on short-term investments (1,923) (10,569) 4,354 (22,116)
Comprehensive loss $ (33,512,611) $ (17,780,704) $ (73,197,149) $ (38,444,816)
Net loss per share, basic $ (0.81) $ (0.54) $ (1.79) $ (1.74)
Net loss per share, diluted $ (0.81) $ (0.54) $ (1.79) $ (1.74)
Weighted-average common shares outstanding, basic and diluted 41,370,768 33,056,971 40,843,905 22,058,424