XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Technology development revenue $ 636 $ 592 $ 1,090 $ 1,532
Collaboration revenue 366 136 731 259
Total revenues 1,002 728 1,821 1,791
Operating expenses        
Research and development 16,241 11,040 32,068 18,090
Selling, general and administrative 10,507 5,179 21,396 9,864
Depreciation and amortization 3,141 1,201 6,047 1,677
Total operating expenses 29,889 17,420 59,511 29,631
Operating loss (28,887) (16,692) (57,690) (27,840)
Other expense        
Interest expense (211) (2,009) (406) (2,464)
Other income (expense), net 148 (28,114) 273 (27,950)
Total other expense, net (63) (30,123) (133) (30,414)
Loss before income taxes (28,950) (46,815) (57,823) (58,254)
Income tax (expense) benefit 270 5,617 (351) 6,094
Net loss (28,680) (41,198) (58,174) (52,160)
Cumulative undeclared preferred stock dividends 0 (1,047) 0 (2,042)
Net loss applicable to common stockholders basic (28,680) (42,245) (58,174) (54,202)
Net loss applicable to common stockholders diluted $ (28,680) $ (42,245) $ (58,174) $ (54,202)
Net loss per share attributable to common stockholders: basic (usd per share) $ (0.32) $ (2.39) $ (0.64) $ (3.13)
Net loss per share attributable to common stockholders: diluted (usd per share) $ (0.32) $ (2.39) $ (0.64) $ (3.13)
Weighted-average common shares outstanding: basic (in shares) 90,669,499 17,641,147 90,471,950 17,312,437
Weighted-average common shares outstanding: diluted (in shares) 90,669,499 17,641,147 90,471,950 17,312,437
Comprehensive loss:        
Net loss $ (28,680) $ (41,198) $ (58,174) $ (52,160)
Foreign currency translation adjustments (40) (11) (50) (11)
Unrealized gain on investments 2 0 2 0
Comprehensive loss $ (28,718) $ (41,209) $ (58,222) $ (52,171)