XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Revenue from collaboration agreements $ 11,230 $ 15,362 $ 24,931 $ 30,407
Operating expenses:        
Research and development 25,989 31,838 79,258 78,124
General and administrative 8,920 11,768 27,017 31,751
Impairment of long-lived assets 10,733 0 10,733 0
Restructuring 0 0 0 2,437
Total operating expenses 45,642 43,606 117,008 112,312
Loss from operations (34,412) (28,244) (92,077) (81,905)
Other income, net:        
Interest and other income, net 2,246 3,578 7,569 11,162
Total other income, net 2,246 3,578 7,569 11,162
Loss before income taxes (32,166) (24,666) (84,508) (70,743)
Net loss $ (32,166) $ (24,666) $ (84,508) $ (70,743)
Net loss per share − basic (in dollars per share) $ (0.44) $ (0.35) $ (1.18) $ (1.03)
Net loss per share − diluted (in dollars per share) $ (0.44) $ (0.35) $ (1.18) $ (1.03)
Weighted-average number of shares used in computed net loss per share − basic 72,563,311 69,627,190 71,473,704 68,958,938
Weighted-average number of shares used in computed net loss per share − diluted 72,563,311 69,627,190 71,473,704 68,958,938
Other comprehensive income (loss)        
Unrealized gain on marketable securities $ 117 $ 895 $ 87 $ 582
Comprehensive loss $ (32,049) $ (23,771) $ (84,421) $ (70,161)
Revenue from Contract with Customer, Product and Service [Extensible Enumeration]     Collaborative Arrangement [Member] Collaborative Arrangement [Member]