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Condensed Consolidated Statements of Operations and Comprehensive Income (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 $ 34,696 $ 22,063 $ 92,271 $ 51,017
General and administrative 12,220 13,172 24,451 25,787
Total operating expenses 46,916 35,235 116,722 76,804
Loss from operations (46,916) (35,235) (116,722) (76,804)
Interest income and other, net 6,637 7,303 13,505 13,602
Loss before income taxes (40,279) (27,932) (103,217) (63,202)
Income tax expense (243) (251) (474) (448)
Net loss (40,522) (28,183) (103,691) (63,650)
Other comprehensive loss        
Unrealized gain (loss) on available-for-sale investments (99) (3) (487) 374
Comprehensive loss $ (40,621) $ (28,186) $ (104,178) $ (63,276)
Net loss per share - basic and diluted        
Net loss per share - basic $ (0.48) $ (0.34) $ (1.23) $ (0.76)
Net loss per share - diluted $ (0.48) $ (0.34) $ (1.23) $ (0.76)
Weighted-average number of common shares - basic and diluted        
Weighted-average number of common shares - basic 84,253,700 83,399,377 84,069,646 83,361,398
Weighted-average number of common shares - diluted 84,253,700 83,399,377 84,069,646 83,361,398