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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Collaboration revenue $ 5,594 $ 6,068
Operating expenses:    
Research and development 18,960 10,370
General and administrative 4,423 1,832
Total operating expenses 23,383 12,202
Loss from operations (17,789) (6,134)
Other income:    
Interest income, net 886 1,063
Total other income, net 886 1,063
Loss before benefit from (provision for) income taxes (16,903) (5,071)
Benefit from (provision for) income taxes 157 (129)
Net loss $ (16,746) $ (5,200)
Net loss per share, basic and diluted $ (0.55) $ (2.77)
Weighted average common shares outstanding, basic and diluted 30,188,575 1,879,986
Comprehensive loss:    
Net loss $ (16,746) $ (5,200)
Other comprehensive income:    
Unrealized holding gains on marketable securities 571 25
Total other comprehensive income 571 25
Comprehensive loss (16,175) (5,175)
AbbVie    
Collaboration revenue 3,392 5,570
Janssen    
Collaboration revenue $ 2,202 $ 498