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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
Collaboration revenue [1] $ 289,590 $ 3,124 $ 40,997
Operating expenses:      
Research and development [2] 179,362 113,773 69,800
General and administrative 63,488 48,294 35,845
Total operating expenses 242,850 162,067 105,645
Income (loss) from operations 46,740 (158,943) (64,648)
Other income (expense):      
Loss from equity method investment (5,467) (4,275) (1,763)
Other income (expense), net 26,033 (1,210) (197)
Total other income (expense), net 20,566 (5,485) (1,960)
Net income (loss) before income taxes 67,306 (164,428) (66,608)
Provision for income taxes (448) (553) (1,749)
Net income (loss) 66,858 (164,981) (68,357)
Foreign currency translation adjustment 15 (22) 40
Comprehensive income (loss) $ 66,873 $ (165,003) $ (68,317)
Net income (loss) per share attributable to common shareholders— basic $ 1.23 $ (3.44) $ (1.71)
Weighted-average common shares outstanding used in net income (loss) per share attributable to common shareholders—basic 54,392,304 47,964,368 40,057,365
Net income (loss) per share attributable to common shareholders— diluted $ 1.17 $ (3.44) $ (1.71)
Weighted-average common shares outstanding used in net income (loss) per share attributable to common shareholders—diluted 56,932,798 47,964,368 40,057,365
[1] Including the following amounts of revenue from a related party, see Note 7
[2] Including the following amounts of research and development from a related party, see Note 7