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Condensed Consolidated Statements of Operations and Comprehensive Loss (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 26,759 $ 9,461 $ 44,764 $ 18,922
Operating expenses:        
Research and development (($36,327), ($1,176), ($66,626) and ($6,100) from a related party) 69,905 68,771 131,116 135,158
General and administrative (($99), $0, ($197) and $0 from a related party) 25,836 16,826 49,810 32,647
Total operating expenses 95,741 85,597 180,926 167,805
Loss from operations (68,982) (76,136) (136,162) (148,883)
Non-operating income (expense):        
Interest and other income, net 2,861 166 3,443 320
Effective interest on liability for sale of future royalties (511)   (902)  
Total non-operating income, net 2,350 166 2,541 320
Net loss before income taxes (66,632) (75,970) (133,621) (148,563)
Income tax expense 0 0 (1,004) 0
Net loss (66,632) (75,970) (134,625) (148,563)
Other comprehensive loss (2,584) (44) (5,983) (90)
Comprehensive loss $ (69,216) $ (76,014) $ (140,608) $ (148,653)
Net loss per share, basic and diluted $ (0.93) $ (1.09) $ (1.88) $ (2.17)
Weighted-average number of shares used to compute basic and diluted net loss per share 71,814,232 69,745,297 71,506,216 68,421,086
License and Development Services Revenue        
Revenues:        
Total revenues $ 16,693   $ 24,632  
Other Collaboration Revenue        
Revenues:        
Total revenues $ 10,066 $ 9,461 $ 20,132 $ 18,922