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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Collaborative revenue     $ 41,175,600  
Total revenues     41,175,600  
Expenses        
Research and development $ 4,638,614 $ 9,674,310 18,488,108 $ 29,600,119
General and administrative 3,451,667 4,607,462 13,541,253 13,897,497
Total expenses 8,090,281 14,281,772 32,029,361 43,497,616
(Loss) gain from operations (8,090,281) (14,281,772) 9,146,239 (43,497,616)
Foreign exchange losses (27,496) (4,766) (40,549) (17,797)
Investment income 5,164 324,535 159,908 1,249,739
Net (loss) income $ (8,112,613) $ (13,962,003) $ 9,265,598 $ (42,265,674)
Net (loss) income per share, basic $ (0.19) $ (0.36) $ 0.23 $ (1.08)
Weighted average shares outstanding, basic 41,917,923 39,025,471 40,199,196 39,006,561
Net (loss) income per share, diluted $ (0.19) $ (0.36) $ 0.23 $ (1.08)
Weighted average shares outstanding, diluted 41,917,923 39,025,471 40,477,801 39,006,561