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Condensed Unaudited Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating expenses:        
Research and development $ 23,488,000 $ 12,720,000 $ 42,037,000 $ 26,470,000
General and administrative 6,718,000 6,289,000 15,040,000 11,287,000
Total operating expenses 30,206,000 19,009,000 57,077,000 37,757,000
Loss from operations (30,206,000) (19,009,000) (57,077,000) (37,757,000)
Interest income 65,000 46,000 142,000 404,000
Other expense, net (2,000) (12,000) (3,000) (7,000)
Loss before income tax benefit (30,143,000) (18,975,000) (56,938,000) (37,360,000)
Income tax benefit 0 386,000 0 3,695,000
Net loss (30,143,000) (18,589,000) (56,938,000) (33,665,000)
Comprehensive loss $ (30,142,000) $ (18,589,000) $ (56,938,000) $ (33,665,000)
Net loss per common share:        
Basic (in dollars per share) $ (0.32) $ (0.32) $ (0.61) $ (0.61)
Diluted (in dollars per share) $ (0.32) $ (0.32) $ (0.61) $ (0.61)
Weighted average common shares outstanding:        
Basic (in shares) 93,409 57,421 93,382 55,424
Diluted (in shares) 93,409 57,421 93,382 55,424