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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues        
Technology development revenue $ 2,004 $ 1,390 $ 3,094 $ 2,922
Collaboration revenue 365 149 1,096 408
Total revenues 2,369 1,539 4,190 3,330
Operating expenses        
Research and development 15,525 10,730 47,593 28,820
Selling, general and administrative 11,407 9,733 32,803 19,597
Depreciation and amortization 3,404 2,218 9,451 3,895
Total operating expenses 30,336 22,681 89,847 52,312
Operating loss (27,967) (21,142) (85,657) (48,982)
Other income (expense)        
Interest expense (279) (768) (685) (3,232)
Other income (expense), net 675 (3,427) 948 (31,377)
Total other income (expense), net 396 (4,195) 263 (34,609)
Loss before income taxes (27,571) (25,337) (85,394) (83,591)
Income tax (expense) benefit 312 1,703 (39) 7,797
Net loss (27,259) (23,634) (85,433) (75,794)
Cumulative undeclared preferred stock dividends 0 (242) 0 (2,284)
Net loss applicable to common stockholders basic (27,259) (23,876) (85,433) (78,078)
Net loss applicable to common stockholders diluted $ (27,259) $ (23,876) $ (85,433) $ (78,078)
Net loss per share attributable to common stockholders: basic (usd per share) $ (0.30) $ (0.33) $ (0.94) $ (2.16)
Net loss per share attributable to common stockholders: diluted (usd per share) $ (0.30) $ (0.33) $ (0.94) $ (2.16)
Weighted-average common shares outstanding: basic (in shares) 91,105,265 73,291,288 90,686,517 36,177,105
Weighted-average common shares outstanding: diluted (in shares) 91,105,265 73,291,288 90,686,517 36,177,105
Comprehensive loss:        
Net loss $ (27,259) $ (23,634) $ (85,433) $ (75,794)
Foreign currency translation adjustments (27) (4) (77) (15)
Unrealized gain on investments 114 0 116 0
Comprehensive loss $ (27,172) $ (23,638) $ (85,394) $ (75,809)