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Condensed Statements of Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue:        
Total revenue $ 5,634 $ 5,208 $ 13,727 $ 9,590
Operating expenses:        
Research and development 26,108 24,356 59,644 47,964
General and administrative 5,410 4,994 9,968 8,902
Total operating expenses 31,518 29,350 69,612 56,866
Operating loss (25,884) (24,142) (55,885) (47,276)
Other income, net 634 947 1,591 2,036
Loss before benefit from income taxes (25,250) (23,195) (54,294) (45,240)
Benefit from income taxes 182 235 304 320
Net loss $ (25,068) $ (22,960) $ (53,990) $ (44,920)
Net loss per share:        
Basic and Diluted $ (0.54) $ (0.58) $ (1.15) $ (1.13)
Weighted average shares:        
Basic and Diluted 46,799,703 39,818,162 46,762,327 39,685,954
Other comprehensive income, net of tax of $0:        
Change in unrealized gains (losses) on available-for-sale marketable securities $ 703 $ 92 $ 465 $ 279
Total comprehensive loss (24,365) (22,868) (53,525) (44,641)
License and Milestone Fees        
Revenue:        
Total revenue 5,099 $ 5,208 13,120 9,450
Clinical Compound Revenue        
Revenue:        
Total revenue $ 535   $ 607 $ 140