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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)    
Collaboration revenue $ 150,480 $ 658
Operating expenses:    
Research and development 18,568 14,349
General and administrative 9,028 7,659
Total operating expenses 27,596 22,008
Operating income (loss) 122,884 (21,350)
Other income, net:    
Interest income 1,864 31
Total other income 1,864 31
Income (loss) before income taxes 124,748 (21,319)
Income tax provision 704  
Net income (loss) 124,044 (21,319)
Other comprehensive income (loss)    
Net unrealized gain (loss) on available-for-sale securities 87 (85)
Total other comprehensive income (loss) 87 (85)
Comprehensive income (loss) $ 124,131 $ (21,404)
Net income (loss) per share, basic $ 3.05 $ (0.56)
Net income (loss) per share, diluted $ 2.94 $ (0.56)
Weighted-average common shares outstanding, basic 40,632,087 38,049,430
Weighted-average common shares outstanding, diluted 42,161,326 38,049,430