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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Commercialization revenue $ 28,640 $ 793 $ 55,997 $ 1,677
License and collaboration revenue 0 164 0 506
Total revenue 28,640 957 55,997 2,183
Costs and operating expenses:        
Cost of commercialization revenue 4,627 2,895 6,612 3,111
Research and development expenses 33,332 56,141 78,838 118,297
General and administrative expenses 8,912 13,335 20,025 27,207
Total costs and operating expenses 46,871 72,371 105,475 148,615
Loss from operations (18,231) (71,414) (49,478) (146,432)
Other income (expense), net:        
Interest income 450 1,695 1,054 3,497
Interest expense (1,262) (1,378) (2,415) (2,714)
Other income (expense), net (6) (10) 62 (207)
Total other income (expense), net (818) 307 (1,299) 576
Loss before provision for (benefit from) income taxes (19,049) (71,107) (50,777) (145,856)
Provision for (benefit from) income taxes 0 1 24 23
Net income (loss) (19,049) (71,108) (50,801) (145,879)
Other comprehensive gain (loss):        
Unrealized gain (loss) on available-for-sale securities 41 304 190 1,134
Comprehensive income (loss) $ (19,008) $ (70,804) $ (50,611) $ (144,745)
Basic net loss per common share $ (3.1) $ (16.91) $ (8.64) $ (34.89)
Diluted net loss per common share $ (3.1) $ (16.91) $ (8.64) $ (34.89)
Basic weighted-average shares outstanding 6,143 4,204 5,883 4,181
Diluted weighted-average shares outstanding 6,143 4,204 5,883 4,181