XML 11 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating expenses:        
Research and development $ 49,702 $ 44,040 $ 93,952 $ 83,556
General and administrative 19,402 11,584 34,193 21,119
Total operating expenses 69,104 55,624 128,145 104,675
Loss from operations (69,104) (55,624) (128,145) (104,675)
Other income:        
Interest income 10,837 6,524 22,192 11,947
Unrealized fair value gain on trading securities   1,036   2,914
Foreign exchange gain 10 383 177 696
Other income 10,847 7,943 22,369 15,557
Loss before income taxes (58,257) (47,681) (105,776) (89,118)
Income tax recovery (expense) 333 220 (79) (70)
Net loss (57,924) (47,461) (105,855) (89,188)
Other comprehensive loss:        
Unrealized loss on available-for-sale securities (note 6) (443) (1,479) (2,135) (299)
Comprehensive loss $ (58,367) $ (48,940) $ (107,990) $ (89,487)
Net loss per common share (note 4):        
Basic $ (0.75) $ (0.72) $ (1.36) $ (1.36)
Diluted $ (0.75) $ (0.72) $ (1.36) $ (1.36)
Weighted-average common shares outstanding (note 4):        
Basic 77,671,128 65,861,138 77,632,864 65,792,910
Diluted 77,671,128 65,861,138 77,632,864 65,792,910