XML 15 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Total revenues $ 25 $ 18
Operating expenses:    
Research and development (Net of recoveries of $33 and $30 from a related party) 81 61
General and administrative 30 24
Total operating expenses 111 85
Loss from operations (86) (67)
Non-operating income (expense):    
Interest and other income, net 9  
Effective interest on liability for sale of future royalties (1)  
Total non-operating income, net 8  
Loss before income taxes (78) (67)
Income tax expense (2) (1)
Net loss $ (80) $ (68)
Net loss per share, basic $ (1.09) $ (0.96)
Net loss per share, diluted $ (1.09) $ (0.96)
Shares used to compute net income loss per share, basic 73.0 71.2
Shares used to compute net income loss per share, diluted 73.0 71.2
License and Development Services Revenue    
Revenues:    
Total revenues $ 17 $ 8
Other Collaboration Revenue    
Revenues:    
Total revenues $ 8 $ 10