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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Collaboration revenue $ 20,433 $ 2,094 $ 71,717 $ 5,611
Operating expenses:        
Research and development 29,777 16,632 83,184 47,991
General and administrative 8,463 6,609 26,444 25,554
Total operating expenses 38,240 23,241 109,628 73,545
Operating loss (17,807) (21,147) (37,911) (67,934)
Other income:        
Interest income 1,823 942 5,065 2,399
Other income (expense), net 978 (84) 1,823 (402)
Total other income 2,801 858 6,888 1,997
Loss before income taxes (15,006) (20,289) (31,023) (65,937)
Income tax benefit       180
Net loss (15,006) (20,289) (31,023) (65,757)
Other comprehensive (loss) income        
Net unrealized (loss) gain on available-for-sale securities (116) (49) 118 (7)
Total other comprehensive (loss) income (116) (49) 118 113
Comprehensive loss $ (15,122) $ (20,338) $ (30,905) $ (65,644)
Net loss per share, basic and diluted $ (0.41) $ (0.63) $ (0.87) $ (2.06)
Weighted-average common shares outstanding, basic and diluted 36,742,993 32,191,475 35,581,408 31,977,670
ASU 2016-01        
Other comprehensive (loss) income        
Cumulative effect adjustment resulting from ASU No. 2016-01       $ 120