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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Condensed Consolidated Statements of Operations and Comprehensive Loss        
Collaboration revenue $ 28,681 $ 46,087 $ 46,748 $ 51,284
Operating expenses:        
Research and development 29,423 28,576 61,718 53,407
General and administrative 8,239 8,322 18,444 17,981
Total operating expenses 37,662 36,898 80,162 71,388
Operating (loss) income (8,981) 9,189 (33,414) (20,104)
Other income, net:        
Interest income 346 2,097 1,324 3,242
Other (expense) income (46) (133) (854) 845
Total other income, net 300 1,964 470 4,087
Net (loss) income (8,681) 11,153 (32,944) (16,017)
Other comprehensive (loss) income        
Net unrealized (loss) gain on available-for-sale-securities (276) 176 249 234
Total other comprehensive (loss) income (276) 176 249 234
Comprehensive (loss) income $ (8,957) $ 11,329 $ (32,695) $ (15,783)
Net (loss) income per share, basic $ (0.23) $ 0.30 $ (0.89) $ (0.46)
Net (loss) income per share, diluted $ (0.23) $ 0.29 $ (0.89) $ (0.46)
Weighted-average common shares outstanding, basic 37,029,524 36,610,918 36,996,390 34,990,989
Weighted-average common shares outstanding, diluted 37,029,524 37,941,257 36,996,390 34,990,989