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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Total revenue $ 195,000 $ 167,000 $ 336,000 $ 353,000
Operating expenses:        
Research and development 17,271,000 9,583,000 32,519,000 22,879,000
General and administrative 9,656,000 9,081,000 19,397,000 18,986,000
Restructuring credits 0 0 0 (61,000)
Total operating expenses 26,927,000 18,664,000 51,916,000 41,804,000
Loss from operations (26,732,000) (18,497,000) (51,580,000) (41,451,000)
Other income (expense):        
Interest income 179,000 2,296,000 1,316,000 4,600,000
Other income (expense), net 16,000 235,000 (8,000) 218,000
Total other income, net 195,000 2,531,000 1,308,000 4,818,000
Loss before income taxes (26,537,000) (15,966,000) (50,272,000) (36,633,000)
Provision for (benefit from) income taxes (255,000) (156,000) (421,000) 42,000
Net loss $ (26,282,000) $ (15,810,000) $ (49,851,000) $ (36,675,000)
Basic and diluted net loss per share (in dollars per share) $ (0.66) $ (0.40) $ (1.25) $ (0.92)
Shares used to compute basic and diluted net loss per share (in shares) 39,911 39,872 39,910 39,868
Collaboration        
Total revenue $ 145,000 $ 167,000 $ 286,000 $ 353,000
License        
Total revenue $ 50,000 $ 0 $ 50,000 $ 0