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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Statement of Comprehensive Income [Abstract]        
License-related revenue $ 0 $ 0 $ 0 $ 30,000
Operating expenses:        
Research and development 13,831 18,198 27,608 34,822
General and administrative 8,576 6,426 14,460 12,967
Restructuring charges 3,234 0 3,234 0
Total operating expenses 25,641 24,624 45,302 47,789
Loss from operations (25,641) (24,624) (45,302) (17,789)
Interest expense (3,108) (733) (4,040) (1,415)
Other income (expense), net 557 144 1,409 190
Net loss $ (28,192) $ (25,213) $ (47,933) $ (19,014)
Net loss per share — basic (in dollars per share) $ (0.46) $ (0.46) $ (0.79) $ (0.37)
Net loss per share — diluted (in dollars per share) $ (0.46) $ (0.46) $ (0.79) $ (0.37)
Weighted average common shares outstanding— basic (in shares) 60,717,899 54,654,822 60,673,195 51,647,148
Weighted average common shares outstanding— diluted (in shares) 60,717,899 54,654,822 60,673,195 51,647,148
Comprehensive loss:        
Net loss $ (28,192) $ (25,213) $ (47,933) $ (19,014)
Other comprehensive loss:        
Unrealized gain (loss) on marketable securities, net of tax of $0 348 (259) 794 (949)
Comprehensive loss $ (27,844) $ (25,472) $ (47,139) $ (19,963)