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Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating expenses:    
Research and development $ 20,729 $ 15,879
General and administrative 7,463 4,605
Total operating expenses 28,192 20,484
Loss from operations (28,192) (20,484)
Other income (expense):    
Interest income 958 438
Investment advisory fees (169) (108)
Change in fair value of warrant liability 6,324 (293)
Net (loss) gain on marketable securities (214) 45
Total other income (expense), net 6,899 82
Loss before income taxes (21,293) (20,402)
Provision for income taxes 0 0
Net loss $ (21,293) $ (20,402)
Net loss per share attributable to common stockholders, basic and diluted $ (0.10) $ (0.12)
Weighted average common shares outstanding, basic and diluted 213,411 169,659
Comprehensive loss:    
Net loss $ (21,293) $ (20,402)
Other comprehensive income, net of taxes:    
Unrealized loss on available-for-sale securities (5,032) (576)
Comprehensive loss $ (26,325) $ (20,978)