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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Grant revenue $ 2,091 $ 924 $ 5,349 $ 3,843
Collaboration revenue $ 23,382 $ 1,082 $ 24,910 $ 2,225
Type of Revenue [Extensible List] us-gaap:LicenseMember us-gaap:LicenseMember us-gaap:LicenseMember us-gaap:LicenseMember
Total revenues $ 25,473 $ 2,006 $ 30,259 $ 6,068
Operating expenses:        
Research and development 16,393 7,360 34,883 32,504
General and administrative 5,708 6,632 19,121 29,988
Impairment of long-term asset 5,306 0 5,306 635
Restructuring 0 (152) 0 11,697
Total operating expenses 27,407 13,840 59,310 74,189
Loss from operations (1,934) (11,834) (29,051) (68,121)
Other income (expense):        
Interest income 950 208 2,894 391
Other income (expense), net (10) (23) (17) (46)
Interest expense related to the sale of future royalties 0 0 0 (2,605)
Loss on extinguishment of liability related to the sale of future royalties 0 0 0 (3,581)
Change in fair value of derivative liability 0 (26) 0 776
Total other income (expense), net 940 159 2,877 (5,065)
Income (Loss) from Continuing Operations before Interest Expense, Interest Income, Income Taxes, Noncontrolling Interests, Net, Total (994) (11,675) (26,174) (73,186)
Income tax expense (2,211) 0 (2,211) 0
Net loss $ (3,205) $ (11,675) $ (28,385) $ (73,186)
Net loss per share attributable to common stockholders, basic $ (0.06) $ (0.33) $ (0.54) $ (2.16)
Net loss per share attributable to common stockholders, diluted $ (0.06) $ (0.33) $ (0.54) $ (2.16)
Weighted average common shares outstanding, basic 52,710,280 35,882,076 52,603,709 33,834,198
Weighted average common shares outstanding, diluted: 52,710,280 35,882,076 52,603,709 33,834,198
Comprehensive loss:        
Net loss $ (3,205) $ (11,675) $ (28,385) $ (73,186)
Other comprehensive gain (loss):        
Unrealized gain (loss) on marketable securities 0 0 0 2
Net unrealized gains (losses) on securities 0 0 0 2
Total comprehensive loss $ (3,205) $ (11,675) $ (28,385) $ (73,184)