XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue:        
Total revenue $ 2,556 $ 4,866 $ 5,682 $ 17,964
Operating expenses:        
Cost of goods sold   1,558 620 5,566
Research and development 1,362 25,451 32,634 80,095
General and administrative 6,475 6,755 19,699 21,191
Restructuring 707   5,689  
Total operating expenses 8,544 33,764 58,642 106,852
Operating loss (5,988) (28,898) (52,960) (88,888)
Other income, net 766 866 2,407 2,712
Impairment of long-lived assets (4,274)   (4,274)  
Inventory write-down (1,020)   (2,509)  
Non-cash interest expense on liability related to sales of future royalties and milestones (1,960)   (5,852)  
Net loss $ (12,476) $ (28,032) $ (63,188) $ (86,176)
Net loss per share:        
Basic (in dollars per share) $ (0.23) $ (0.52) $ (1.15) $ (1.59)
Diluted (in dollars per share) $ (0.23) $ (0.52) $ (1.15) $ (1.59)
Weighted average shares:        
Basic (in shares) 54,843,841 54,235,695 54,719,330 54,038,239
Diluted (in shares) 54,843,841 54,235,695 54,719,330 54,038,239
Other comprehensive income, net of tax of $0:        
Change in unrealized gains on available-for-sale marketable securities $ 96 $ 291 $ 235 $ 1,233
Total comprehensive loss (12,380) (27,741) (62,953) (84,943)
Collaborative revenue        
Revenue:        
Total revenue 1,298 2,471 2,086 10,631
Commercial supply revenue        
Revenue:        
Total revenue   1,252 640 5,843
License and milestone fees        
Revenue:        
Total revenue   910   910
Royalty revenue        
Revenue:        
Total revenue   167   415
Clinical compound revenue        
Revenue:        
Total revenue   $ 66 84 $ 165
Other revenue        
Revenue:        
Total revenue $ 1,258   $ 2,872