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Nature of the Business and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Potential Dilutive Securities
The following potential dilutive securities, presented based on amounts outstanding at the end of each reporting period, have been excluded from the calculation of diluted net loss per share because including them would have had an anti-dilutive impact:
As of June 30,
20202019
Options to purchase common stock7,073,775  6,891,799  
Unvested time-based restricted common stock units409,955  77,000  
Unvested performance-based restricted common stock units57,000  —  
Unvested employee stock purchase plan shares39,600  —  
Total7,580,330  6,968,799  
Schedule of Inventory
The Company commenced the capitalization of QINLOCK inventory in May 2020 upon receiving FDA approval of QINLOCK. Capitalized inventory consisted of the following:
(in thousands)As of June 30, 2020
Raw materials$765  
Work in process624  
Total inventory$1,389