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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue:        
Collaboration revenue - related party $ 0 $ 126,473 $ 0 $ 125,951
Type of Revenue [Extensible List] us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember
Total revenue $ 0 $ 126,473 $ 0 $ 125,951
Operating expenses:        
Research and development expenses 17,875 46,792 39,577 90,761
General and administrative expenses 16,059 28,051 31,525 50,521
Collaboration (profit) loss sharing - related party (2,589) 2,106 (171) 5,713
Total operating expenses 31,345 76,949 70,931 146,995
(Loss) income from operations (31,345) 49,524 (70,931) (21,044)
Other income (expense):        
Interest income 1,230 1,726 2,878 2,758
Interest expense (3,447) (3,187) (8,110) (5,135)
Other income (expense) 692 (1,511) 3,160 (1,201)
Total other expense, net (1,525) (2,972) (2,072) (3,578)
Net (loss) income $ (32,870) $ 46,552 $ (73,003) $ (24,622)
Net (loss) income per share attributable to common stockholders, basic $ (0.22) $ 0.36 $ (0.49) $ (0.19)
Net (loss) income per share attributable to common stockholders, diluted $ (0.22) $ 0.36 $ (0.49) $ (0.19)
Weighted-average common shares outstanding, basic 151,514,597 127,713,486 148,808,089 126,793,342
Weighted average common shares outstanding, diluted 151,514,597 129,844,931 148,808,089 126,793,342
Other comprehensive (loss) income :        
Unrealized (loss) income on investments, net of tax of $0 $ 0 $ (2) $ 0 $ 10
Currency translation adjustment 0 (1) 0 1
Total other comprehensive (loss) income 0 (3) 0 11
Comprehensive loss (income) $ (32,870) $ 46,549 $ (73,003) $ (24,611)