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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues [Abstract]        
Collaboration revenue $ 14,302,000   $ 32,213,000  
Operating expenses:        
Research and development 28,327,000 $ 22,083,000 61,258,000 $ 40,139,000
General and administrative 15,535,000 9,207,000 30,972,000 17,241,000
Total operating expenses 43,862,000 31,290,000 92,230,000 57,380,000
Loss from operations (29,560,000) (31,290,000) (60,017,000) (57,380,000)
Other income (expense):        
Interest income, net 6,304,000 521,000 10,772,000 574,000
Interest expense (880,000) (3,000) (1,906,000) (7,000)
Total other income 5,424,000 518,000 8,866,000 567,000
Loss before income taxes (24,136,000) (30,772,000) (51,151,000) (56,813,000)
Income tax (benefit) provision (282,000) 0 47,000 0
Net loss (23,854,000) (30,772,000) (51,198,000) (56,813,000)
Other comprehensive loss:        
Unrealized gain (loss) on marketable securities (93,000) (218,000) 214,000 (242,000)
Comprehensive loss $ (23,947,000) $ (30,990,000) $ (50,984,000) $ (57,055,000)
Net loss per share attributable to common stockholders - basic $ (0.50) $ (0.84) $ (1.08) $ (1.98)
Net loss per share attributable to common stockholders - diluted $ (0.50) $ (0.84) $ (1.08) $ (1.98)
Weighted-average common shares outstanding - basic 48,106,528 36,609,772 47,441,647 28,729,029
Weighted-average common shares outstanding - diluted 48,106,528 36,609,772 47,441,647 28,729,029