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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Statement of Comprehensive Income [Abstract]        
Collaboration and license revenue $ 5,249 $ 39,273 $ 11,187 $ 73,272
Operating expenses:        
Research and development 17,782 19,182 36,406 36,871
General and administrative 6,105 6,231 11,800 11,768
Total operating expenses 23,887 25,413 48,206 48,639
Operating (loss) income (18,638) 13,860 (37,019) 24,633
Investment income 1,394 207 2,725 222
Foreign currency transaction, net 23 (104) 42 (76)
Interest expense (752) (715) (1,560) (1,422)
Change in fair value of warrant liabilities 6,341 (4,647) 2,262 13,868
Other income, net 245 0 500 154
Net (loss) income (11,387) 8,601 (33,050) 37,379
Other comprehensive income (loss):        
Foreign currency translation adjustment (27) 118 (49) 86
Unrealized gain on marketable securities 0 0 11 0
Total comprehensive income (loss) $ (11,414) $ 8,719 $ (33,088) $ 37,465
Net (loss) income per share:        
Basic (in dollars per share) $ (0.07) $ 0.06 $ (0.22) $ 0.27
Diluted (in dollars per share) $ (0.07) $ 0.06 $ (0.22) $ 0.17
Weighted average common shares outstanding:        
Basic (in shares) 153,442,413 148,505,729 153,396,380 136,436,316
Diluted (in shares) 153,442,413 148,505,729 153,396,380 136,966,312