XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Statement Of Income And Comprehensive Income [Abstract]        
Collaboration and license revenue $ 4,000   $ 389,000  
Operating expenses:        
Research and development 23,573,000 $ 7,575,000 72,057,000 $ 14,263,000
General and administrative 6,847,000 2,898,000 24,158,000 8,048,000
Change in fair value of contingent consideration and contingent value rights liabilities 167,000   21,563,000  
Amortization of intangible assets 423,000 0 1,265,000 0
Total operating expenses 31,010,000 10,473,000 119,043,000 22,311,000
Gain on sale of assets to equity method investment     7,227,000  
Loss from operations (31,006,000) (10,473,000) (111,427,000) (22,311,000)
Other income (expense):        
Other income (expense), net (69,000) 20,000 (175,000) 135,000
Change in fair value of redeemable convertible preferred stock tranche liability   (8,364,000)   (9,533,000)
Loss before income taxes and share of net loss of equity method investment (31,075,000) (18,817,000) (111,602,000) (31,709,000)
Income tax benefit 463,000 0 1,204,000 0
Share of net loss of equity method investment (84,000)   (84,000)  
Net loss $ (30,696,000) $ (18,817,000) $ (110,482,000) $ (31,709,000)
Net loss per share attributable to common stockholders, basic and diluted $ (0.69) $ (4.50) $ (2.54) $ (7.65)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted 44,661 4,185 43,563 4,147
Other comprehensive income (loss):        
Foreign currency translation adjustments, net of tax of $0 $ 202,000 $ 87,000 $ 339,000 $ (79,000)
Unrealized gain on marketable securities, net of tax of $0 (1,000)   23,000  
Total other comprehensive income (loss) 201,000 87,000 362,000 (79,000)
Comprehensive loss $ (30,495,000) $ (18,730,000) $ (110,120,000) $ (31,788,000)