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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Statement of Comprehensive Income [Abstract]            
Collaboration revenue $ 0 $ 802 $ 1,156 $ 2,406 $ 3,208 $ 33,971
Operating expenses:            
Research and development 17,519 25,854 60,489 71,202 98,351 93,085
General and administrative 6,842 7,810 23,355 29,991 38,138 36,835
Restructuring and other charges 6,640 0 6,640 0    
Total operating expenses 31,001 33,664 90,484 101,193 136,489 129,920
Loss from operations (31,001) (32,862) (89,328) (98,787) (133,281) (95,949)
Other income            
Gain on sale of business 0 0 0 131,249 131,249 0
Interest income 1,423 1,269 4,403 1,775 3,230 185
Total other income 1,423 1,269 4,403 133,024 134,479 185
Income (loss) before income taxes (29,578) (31,593) (84,925) 34,237 1,198 (95,764)
Benefit from (provision for) income taxes 0 46 0 (816) (715) 0
Loss from equity method investment (3,376) (2,179) (11,917) (4,131) (5,488) 0
Net income (loss) $ (32,954) $ (33,726) $ (96,842) $ 29,290 $ (5,005) $ (95,764)
Net income (loss) per share-basic $ (0.57) $ (0.59) $ (1.68) $ 0.51 $ (0.09) $ (1.73)
Net income (loss) per share-diluted $ (0.57) $ (0.59) $ (1.68) $ 0.51 $ (0.09) $ (1.73)
Weighted-average common shares outstanding-basic 57,853,132 57,447,192 57,788,755 57,372,399 57,399,762 55,283,318
Weighted-average common shares outstanding-diluted 57,853,132 57,447,192 57,788,755 57,901,298 57,399,762 55,283,318