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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Collaborative revenue       $ 41,175,600
Total revenues       41,175,600
Expenses        
Research and development $ 4,512,853 $ 4,638,614 $ 13,292,488 18,488,108
General and administrative 3,004,765 3,451,667 10,695,944 13,541,253
Total expenses 7,517,618 8,090,281 23,988,432 32,029,361
(Loss) gain from operations (7,517,618) (8,090,281) (23,988,432) 9,146,239
Foreign exchange losses (4,855) (27,496) (28,708) (40,549)
Investment income 4,156 5,164 12,822 159,908
Non-cash interest expense for the sale of future royalties (1,687,090)   (4,594,985)  
Net (loss) income $ (9,205,407) $ (8,112,613) $ (28,599,303) $ 9,265,598
Net (loss) income per share, basic $ (0.22) $ (0.19) $ (0.67) $ 0.23
Weighted average shares outstanding, basic 42,721,566 41,917,923 42,721,566 40,199,196
Net (loss) income per share, diluted $ (0.22) $ (0.19) $ (0.67) $ 0.23
Weighted average shares outstanding, diluted 42,721,566 41,917,923 42,721,566 40,477,801