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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
Operating expenses:        
Research and development $ 34,824 $ 31,379 $ 65,543 $ 60,446
General and administrative 12,480 13,245 24,992 27,371
Total operating expenses 47,304 44,624 90,535 87,817
Loss from operations (47,304) (44,624) (90,535) (87,817)
Total other income (loss), net:        
Interest income 1,516 162 2,841 310
Other income (loss), net 521 (27) 1,244 (845)
Loss before income taxes (45,267) (44,489) (86,450) (88,352)
Income tax expense 0 150 0 150
Net loss $ (45,267) $ (44,639) $ (86,450) $ (88,502)
Net loss per share - basic $ (0.48) $ (0.69) $ (0.92) $ (1.38)
Net loss per share - diluted $ (0.48) $ (0.69) $ (0.92) $ (1.38)
Weighted-average common shares outstanding - basic 94,625,837 64,467,483 93,968,407 64,231,579
Weighted-average common shares outstanding - diluted 94,625,837 64,467,483 93,968,407 64,231,579
Comprehensive loss:        
Net loss $ (45,267) $ (44,639) $ (86,450) $ (88,502)
Other comprehensive income (loss), net of tax:        
Unrealized gain (loss) on available-for-sale securities 76 (94) 243 (289)
Total other comprehensive income (loss) 76 (94) 243 (289)
Comprehensive loss $ (45,191) $ (44,733) $ (86,207) $ (88,791)