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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue:                      
Total revenue $ 2,556     $ 4,866     $ 5,682 $ 17,964 $ 20,968 $ 41,867 $ 23,028
Operating expenses:                      
Cost of goods sold       1,558     620 5,566 6,174 7,266  
Research and development 1,362     25,451     32,634 80,095 108,510 91,879 82,701
General and administrative 6,475     6,755     19,699 21,191 27,779 30,257 29,410
Restructuring 707           5,689        
Total operating expenses 8,544     33,764     58,642 106,852 142,463 129,402 112,111
Operating loss (5,988)     (28,898)     (52,960) (88,888) (121,495) (87,535) (89,083)
Other income, net 766     866     2,407 2,712 3,586 2,061 642
Impairment of long-lived assets (4,274)           (4,274)        
Inventory write-down (1,020)           (2,509)   (526) (34) 0
Non-cash interest expense on liability related to sales of future royalties and milestones (1,960)           (5,852)   (604)    
Net loss $ (12,476) $ (20,016) $ (30,696) $ (28,032) $ (31,479) $ (26,665) $ (63,188) $ (86,176) $ (118,513) $ (85,474) $ (88,441)
Net loss per share:                      
Basic (in dollars per share) $ (2.73)     $ (6.2)     $ (13.86) $ (19.14) $ (26.26) $ (19.12) $ (20.93)
Diluted (in dollars per share) $ (2.73)     $ (6.2)     $ (13.86) $ (19.14) $ (26.26) $ (19.12) $ (20.93)
Weighted average shares:                      
Basic (in shares) 4,570,320     4,519,641     4,559,944 4,503,187 4,512,422 4,471,130 4,226,564
Diluted (in shares) 4,570,320     4,519,641     4,559,944 4,503,187 4,512,422 4,471,130 4,226,564
Other comprehensive income, net of tax of $0:                      
Change in unrealized gains on available-for-sale marketable securities $ 96     $ 291     $ 235 $ 1,233 $ 1,412 $ (1,314) $ (431)
Total comprehensive loss (12,380)     (27,741)     (62,953) (84,943) (117,101) (86,788) (88,872)
Collaborative revenue                      
Revenue:                      
Total revenue 1,298     2,471     2,086 10,631 12,936 16,572 706
Commercial supply revenue                      
Revenue:                      
Total revenue       1,252     640 5,843 5,843 10,223 701
License and milestone fees                      
Revenue:                      
Total revenue       910       910 910 15,000 21,223
Royalty revenue                      
Revenue:                      
Total revenue       167       415 415 $ 72  
Clinical compound revenue                      
Revenue:                      
Total revenue       $ 66     84 $ 165 165   $ 398
Other revenue                      
Revenue:                      
Total revenue $ 1,258           $ 2,872   $ 699