XML 16 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Collaboration agreements $ 112,545 $ 278 $ 113,632 $ 723
Operating expenses:        
Research and development, net of tax credits 31,242 25,361 89,175 62,075
General and administrative 7,904 6,596 24,621 18,574
Total operating expenses 39,146 31,957 113,796 80,649
Income (loss) from operations 73,399 (31,679) (164) (79,926)
Other income (expense), net        
Realized and unrealized gain (loss) on foreign exchange 126 33 250 (92)
Interest income 2,027 53 2,700 155
Other expense (37) (7) (56) (21)
Total other income, net 2,116 79 2,894 42
Income (loss) before income taxes 75,515 (31,600) 2,730 (79,884)
Income tax recovery (expense) (54) 708 (119) 1,266
Net income (loss) 75,461 (30,892) 2,611 (78,618)
Unrealized loss on available-for-sale marketable securities (524) 0 (524) 0
Total other comprehensive loss (524) 0 (524) 0
Comprehensive income (loss) $ 74,937 $ (30,892) $ 2,087 $ (78,618)
Net income (loss) per share attributable to common shareholders--basic $ 1.80 $ (0.83) $ 0.06 $ (2.12)
Net income (loss) per share attributable to common shareholders-diluted $ 1.71 $ (0.83) $ 0.06 $ (2.12)
Weighted-average common shares outstanding-basic 41,945,617 37,122,668 41,902,554 37,026,116
Weighted-average common shares outstanding-diluted 44,177,376 37,122,668 44,160,481 37,026,116