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Condensed Statements of Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue:        
Total revenue $ 9,266 $ 5,785 $ 22,993 $ 15,375
Operating expenses:        
Research and development 21,067 35,992 80,711 83,956
General and administrative 5,219 4,226 15,187 13,128
Total operating expenses 26,286 40,218 95,898 97,084
Operating loss (17,020) (34,433) (72,905) (81,709)
Other income, net 379 1,261 1,970 3,297
Loss before benefit from income taxes (16,641) (33,172) (70,935) (78,412)
Benefit from income taxes 132 330 436 650
Net loss $ (16,509) $ (32,842) $ (70,499) $ (77,762)
Net loss per share:        
Basic and Diluted $ (0.35) $ (0.74) $ (1.51) $ (1.88)
Weighted average shares:        
Basic and Diluted 46,885,424 44,517,134 46,803,659 41,314,044
Other comprehensive income (loss), net of tax of $0:        
Change in unrealized gains (losses) on available-for-sale marketable securities $ (272) $ (12) $ 193 $ 267
Total comprehensive loss (16,781) (32,854) (70,306) (77,495)
License and Milestone Fees        
Revenue:        
Total revenue 9,257 $ 5,785 22,377 15,235
Clinical Compound Revenue        
Revenue:        
Total revenue $ 9   $ 616 $ 140