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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues $ 91,370 $ 53,905 $ 200,577
Operating expenses:      
Research and development 220,571 135,562 82,284
General and administrative 61,835 49,900 46,318
Total operating expenses 282,406 185,462 128,602
Income (loss) from operations (191,036) (131,557) 71,975
Other income (expense):      
Interest income 31,014 6,349 42
Other expense, net (458) (397) (96)
Total other income (expense), net 30,556 5,952 (54)
Income (loss) before income taxes (160,480) (125,605) 71,921
Provision for (benefit from) income taxes (13,452) (8,656) 4,946
Net income (loss) $ (147,028) $ (116,949) $ 66,975
Earnings Per Share, Basic $ (2.76) $ (2.47) $ 1.51
Earnings Per Share, Diluted $ (2.76) $ (2.47) $ 1.38
Weighted Average Number of Shares Outstanding, Basic 53,216 47,369 44,228
Weighted Average Number of Shares Outstanding, Diluted 53,216 47,369 48,464
Collaboration revenue      
Revenues $ 91,320 $ 13,855 $ 139,833
Revenue from license and intellectual property      
Revenues $ 50 $ 40,050 $ 60,744