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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Total revenue $ 31,249 $ 29,752 $ 6,761
Costs and expenses:      
Cost of revenue 3,423 4,023 4,713
Research and development 98,384 77,813 43,813
General and administrative 32,412 25,133 23,619
Licensing 14,658 7,937  
Revaluation of contingent consideration (26,900) 4,700 24,339
Intangible asset impairment 6,629    
Total costs and expenses 128,606 119,606 96,484
Loss from operations (97,357) (89,854) (89,723)
Other income (expense), net 8,509 2,946 (1,142)
Loss before income taxes (88,848) (86,908) (90,865)
Income tax benefit (367)    
Net loss $ (88,481) $ (86,908) $ (90,865)
Net loss per share, basic $ (1.27) $ (1.33) $ (1.60)
Net loss per share, diluted $ (1.27) $ (1.33) $ (1.60)
Weighted average common shares outstanding, basic 69,808,855 65,213,944 56,730,583
Weighted average common shares outstanding, diluted 69,808,855 65,213,944 56,730,583
Other comprehensive loss:      
Unrealized gain (loss) on marketable securities, net of tax of $0 $ 791 $ (673) $ (229)
Foreign currency translation adjustment     99
Total other comprehensive gain (loss) 791 (673) (130)
Comprehensive loss (87,690) (87,581) (90,995)
Contract research      
Revenues:      
Total revenue 3,035 4,395 5,830
Licensing      
Revenues:      
Total revenue $ 28,214 25,100 809
Other      
Revenues:      
Total revenue   $ 257 $ 122