XML 20 R5.htm IDEA: XBRL DOCUMENT v3.22.4
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Total revenues $ 52,158,000 $ 10,097,000 $ 7,571,000
Operating expenses:      
Cost of revenue 4,117,000 1,000,000 145,000
Research and development 35,201,000 91,140,000 65,053,000
Selling, general and administrative 76,599,000 72,303,000 33,153,000
Total operating expenses 115,917,000 164,443,000 98,351,000
Loss from operations (63,759,000) (154,346,000) (90,780,000)
Interest expense (3,400,000) (4,502,000) (5,099,000)
Non-cash interest expense related to the sale of future royalties (1,673,000) 0 0
Other income, net 1,633,000 687,000 1,568,000
Loss before provision for income taxes (67,199,000) (158,161,000) (94,311,000)
Provision for income taxes 8,000 4,000 2,000
Net loss $ (67,207,000) $ (158,165,000) $ (94,313,000)
Net loss per share of common stock - basic (in dollars per share) $ (0.42) $ (1.52) $ (1.05)
Net loss per share of common stock - diluted (in dollars per share) $ (0.42) $ (1.52) $ (1.05)
Shares used in computing net loss per share - basic 158,690,083 104,205,645 89,582,138
Shares used in computing net loss per share - diluted 158,690,083 104,205,645 89,582,138
Comprehensive loss:      
Net loss $ (67,207,000) $ (158,165,000) $ (94,313,000)
Unrealized losses on available-for-sale securities (48,000) (2,000) (24,000)
Comprehensive loss (67,255,000) (158,167,000) (94,337,000)
Product sales, net      
Revenues:      
Total revenues 15,600,000 0 0
Product supply revenue      
Revenues:      
Total revenues 1,527,000 907,000 1,501,000
Licensing revenue      
Revenues:      
Total revenues 35,031,000 5,013,000 706,000
Collaborative development revenue      
Revenues:      
Total revenues $ 0 $ 4,177,000 $ 5,364,000