XML 44 R22.htm IDEA: XBRL DOCUMENT v3.20.4
Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited) Selected Quarterly Financial Data (unaudited)The following table contains selected quarterly financial information for 2020 and 2019. The Company believes that the following information reflects all normal recurring adjustments necessary for a fair statement of the information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period.
Three months ended
March 31, 2020June 30, 2020September 30, 2020December 31, 2020
Collaboration revenue$11 $796 $11 $10 
Operating expenses:
Research and development12,219 15,413 16,546 22,858 
General and administrative4,936 5,171 5,881 5,914 
Total operating expenses17,155 20,584 22,427 28,772 
Other income:
Interest income306 89 19 10 
Interest expense(88)(87)(92)(92)
Total other income (expense), net218 (73)(82)
Net loss$(16,926)$(19,786)$(22,489)$(28,844)
Net loss per share attributable to common stockholders — basic and diluted$(0.35)$(0.33)$(0.33)$(0.42)
Weighted-average number of common shares used in net loss per share attributable to common stockholders — basic and diluted47,988,630 60,748,225 68,419,192 68,630,078 

Three months ended
March 31, 2019June 30, 2019September 30, 2019December 31, 2019
Collaboration revenue$41,035 $202 $844 $42 
Operating expenses:
Research and development15,143 13,766 13,701 12,430 
General and administrative4,443 4,192 4,436 4,212 
Total operating expenses19,586 17,958 18,137 16,642 
Other income:
Interest income452 725 608 441 
Interest expense— (40)(107)(87)
Total other income (expense), net452 685 501 354 
Net income (loss)$21,901 $(17,071)$(16,792)$(16,246)
Net income (loss) per share attributable to common stockholders — basic$0.72 $(0.36)$(0.35)$(0.34)
Net income (loss) per share attributable to common stockholders — diluted$0.70 $(0.36)$(0.35)$(0.34)
Weighted-average number of common shares used in net income (loss) per share attributable to common stockholders — basic30,299,650 47,708,085 47,833,607 47,886,144 
Weighted-average number of common shares used in net income (loss) per share attributable to common stockholders — diluted31,461,696 47,708,085 47,833,607 47,886,144