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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:        
Collaboration agreements $ 2,159 $ 112,545 $ 38,086 $ 113,632
Operating expenses:        
Research and development, net of tax credits 32,709 31,242 98,327 89,175
General and administrative 7,868 7,904 25,116 24,621
Total operating expenses 40,577 39,146 123,443 113,796
(Loss) income from operations (38,418) 73,399 (85,357) (164)
Other income (expense), net        
Realized and unrealized (loss) gain on foreign exchange (40) 126 (137) 250
Interest income 3,312 2,027 10,228 2,700
Other expense (32) (37) (73) (56)
Total other income, net 3,240 2,116 10,018 2,894
(Loss) income before income taxes (35,178) 75,515 (75,339) 2,730
Income tax recovery (expense) 16,299 (54) 9,573 (119)
Net (loss) income (18,879) 75,461 (65,766) 2,611
Unrealized gain (loss) on available-for-sale marketable securities 172 (524) 176 (524)
Total other comprehensive gain (loss) 172 (524) 176 (524)
Comprehensive (loss) income $ (18,707) $ 74,937 $ (65,590) $ 2,087
Net (loss) income per share attributable to common shareholders--basic $ (0.45) $ 1.8 $ (1.56) $ 0.06
Net (loss) income per share attributable to common shareholders--diluted $ (0.45) $ 1.71 $ (1.56) $ 0.06
Weighted-average common shares outstanding-basic 42,102,685 41,945,617 42,077,857 41,902,554
Weighted-average common shares outstanding-diluted 42,102,685 44,177,376 42,077,857 44,160,481