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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Statement of Comprehensive Income [Abstract]    
Collaboration revenue $ 802 $ 802
Operating expenses:    
Research and development 19,988 24,273
General and administrative 8,325 14,147
Total operating expenses 28,313 38,420
Loss from operations (27,511) (37,618)
Other income    
Gain on sale of business 0 131,249
Interest income 1,469 32
Total other income 1,469 131,281
Income (loss) before income taxes (26,042) 93,663
Provision for income taxes 0 (967)
Loss from equity method investment (2,802) (591)
Net income (loss) $ (28,844) $ 92,105
Net income (loss) per share-basic $ (0.50) $ 1.61
Net income (loss) per share-diluted $ (0.50) $ 1.59
Weighted-average common shares outstanding-basic 57,716,344 57,279,963
Weighted-average common shares outstanding-diluted 57,716,344 57,875,576