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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue:      
Collaboration and license revenue from related party $ 35,952 $ 42,875 $ 82,497
Grant revenue 176 0 0
Total revenue 36,128 42,875 82,497
Operating expenses:      
Research and development 70,276 62,736 49,495
General and administrative 24,155 20,409 16,509
Total operating expenses 94,431 83,145 66,004
(Loss) income from operations (58,303) (40,270) 16,493
Other income (expense):      
Interest income 4,963 3,528 1,370
Interest expense (2,149) (1,224) (4)
Total other income, net 2,814 2,304 1,366
Net (loss) income $ (55,489) $ (37,966) $ 17,859
Net (loss) income per common share      
Basic $ (0.98) $ (0.76) $ 0.37
Diluted $ (0.98) $ (0.76) $ 0.36
Shares used to compute net (loss) income per common share      
Basic 56,898 49,814 48,413
Diluted 56,898 49,814 49,615