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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
Operating expenses:        
Research and development $ 72,539 $ 37,294 $ 127,562 $ 73,855
General and administrative 20,467 13,216 37,974 27,226
Total operating expenses 93,006 50,510 165,536 101,081
Loss from operations (93,006) (50,510) (165,536) (101,081)
Interest income, net 667 10 962 25
Other income (expense), net 1,868 (2,739) 5,809 (3,164)
Loss before income taxes (90,471) (53,239) (158,765) (104,220)
Net loss $ (90,471) $ (53,239) $ (158,765) $ (104,220)
Net loss per share, basic and diluted $ (0.61) $ (0.42) $ (1.07) $ (0.82)
Weighted-average shares used in calculating net loss per share, basic and diluted 148,295,716 127,482,127 148,141,180 127,354,540
Comprehensive loss:        
Net loss $ (90,471) $ (53,239) $ (158,765) $ (104,220)
Other comprehensive income (loss)        
Changes in fair value attributable to instrument-specific credit risk 9,554   10,830  
Unrealized gains (losses) on securities available-for-sale (232)   (1,856)  
Total other comprehensive income (loss) 9,322   8,974  
Comprehensive loss $ (81,149) $ (53,239) $ (149,791) $ (104,220)