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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total revenues $ 9,461 $ 64,530 $ 28,383 $ 68,030
Operating expenses:        
Research and development (($756), ($2,971), ($6,856) and ($2,971) from a related party) 71,254 51,801 206,412 110,636
General and administrative 16,343 11,177 48,990 29,617
Total operating expenses 87,597 62,978 255,402 140,253
Income (loss) from operations (78,136) 1,552 (227,019) (72,223)
Non-operating income (expense):        
Interest and other income, net 161 270 481 1,218
Gain on deemed sale from equity method investee       613
Share of loss from equity method investee       (613)
Total non-operating income, net 161 270 481 1,218
Net income (loss) (77,975) 1,822 (226,538) (71,005)
Other comprehensive income (loss) (46) (63) (136) 17
Comprehensive income (loss) $ (78,021) $ 1,759 $ (226,674) $ (70,988)
Net income (loss) per share, basic $ (1.11) $ 0.03 $ (3.28) $ (1.37)
Weighted-average number of shares used to compute basic net income (loss) per share 70,110,138 62,599,193 68,990,290 51,852,247
Net income (loss) per share, diluted $ (1.11) $ 0.03 $ (3.28) $ (1.37)
Weighted-average number of shares used to compute diluted net income (loss) per share 70,110,138 65,145,707 68,990,290 51,852,247
License Revenue        
Revenues:        
Total revenues   $ 55,096   $ 55,096
Collaboration Revenue        
Revenues:        
Total revenues $ 9,461 $ 9,434 $ 28,383 $ 12,934