XML 37 R22.htm IDEA: XBRL DOCUMENT v3.22.0.1
Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
The following is a summary of the quarterly results of the Company for the years ended December 31, 2021 and 2020 (unaudited, in thousands, except per share data):
Three Months Ended
3/31/2021
6/30/2021
9/30/2021
12/31/2021
License and collaboration revenues$— $— $71,793 $299 
Loss from operations(132,421)(164,186)(79,499)(197,075)
Net loss(135,680)(166,430)(80,054)(199,620)
Basic and diluted net loss per share$(2.67)$(3.23)$(1.55)$(3.72)
Three Months Ended
3/31/2020
6/30/2020
9/30/2020
12/31/2020
License and collaboration revenues$267 $— $11,424 $1,707 
Loss from operations(89,487)(84,862)(88,678)(106,336)
Net loss(86,655)(82,859)(87,336)(101,087)
Basic and diluted net loss per share$(2.02)$(1.89)$(1.96)$(2.08)

Net loss per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly per-share calculations will not necessarily equal the annual per share calculation.