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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue:        
Total revenue $ 3,787 $ 4,799 $ 23,311 $ 13,625
Operating expenses:        
Research and development 9,232 15,251 36,168 49,402
General and administrative 7,604 8,601 24,707 24,657
Restructuring and related expense 1,712 341 8,066 3,702
Loss on impairment of intangible assets   5,006   5,006
Amortization of intangible assets 146 138 418 417
Total operating expenses 18,694 29,337 69,359 83,184
Loss from operations (14,907) (24,538) (46,048) (69,559)
Interest income 164 1,366 1,497 4,334
Other income (expense), net 12 (32) (35) (54)
Total other income 176 1,334 1,462 4,280
Loss before income tax (14,731) (23,204) (44,586) (65,279)
Income tax benefit 191 2,252 5,856 2,322
Net loss $ (14,540) $ (20,952) $ (38,730) $ (62,957)
Net loss per common share, basic and diluted $ (0.90) $ (1.31) $ (2.39) $ (3.94)
Shares used in computing net loss per common share, basic and diluted 16,232,971 16,046,517 16,185,855 15,988,032
Collaboration and license revenue        
Revenue:        
Total revenue $ 3,787 $ 4,799 $ 23,311 $ 13,625