XML 19 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Collaboration revenue $ 0 $ 0 $ 15,000 $ 5,000
Operating expenses:        
Research and development 19,542 29,931 58,458 77,912
General and administrative 4,794 3,814 13,766 12,262
Total operating expenses 24,336 33,745 72,224 90,174
Loss from operations (24,336) (33,745) (57,224) (85,174)
Other income (expense), net:        
Interest expense 0 (240) 0 (841)
Interest income 625 2,757 3,583 8,702
Other (expense) income, net (56) 144 64 110
Total other income (expense), net 569 2,661 3,647 7,971
Loss before income taxes (23,767) (31,084) (53,577) (77,203)
Provision for income taxes 0 51 0 130
Net loss (23,767) (31,033) (53,577) (77,073)
Unrealized (loss) income on available for sale securities, net of tax of $0, $(25), $0 and $189, respectively (494) (94) (79) 703
Comprehensive loss $ (24,261) $ (31,127) $ (53,656) $ (76,370)
Net loss per common share:        
Basic and diluted (in dollars per share) $ (0.87) $ (1.15) $ (1.96) $ (2.85)
Weighted-average number of shares outstanding:        
Basic and diluted (in shares) 27,316 27,058 27,286 27,022