XML 11 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Collaboration Revenues $ 25,650 $ 16,513 $ 35,937 $ 25,979
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Operating expenses:        
Research and development $ 59,202 $ 45,767 $ 108,021 $ 87,994
General and administrative 17,373 14,129 31,747 26,694
Impairment of long-lived assets 0 0 4,925 0
Total operating expenses 76,575 59,896 144,693 114,688
Loss from operations (50,925) (43,383) (108,756) (88,709)
Other income (expense):        
Interest and other Income 8,924 4,632 18,268 9,085
Interest and other expense (61) (48) (131) (103)
Total other income: 8,863 4,584 18,137 8,982
Net loss (42,062) (38,799) (90,619) (79,727)
Other comprehensive loss:        
Unrealized (loss) gain on marketable securities (322) (597) (1,547) 1,314
Total comprehensive loss (42,384) (39,396) (92,166) (78,413)
Net loss $ (42,062) $ (38,799) $ (90,619) $ (79,727)
Net loss per share, basic and diluted $ (0.58) $ (0.67) $ (1.26) $ (1.37)
Net loss per share, basic and diluted $ (0.58) $ (0.67) $ (1.26) $ (1.37)
Weighted average common shares outstanding, basic and diluted 73,059,398 58,326,963 71,908,963 58,257,387
Weighted average common shares outstanding, basic and diluted 73,059,398 58,326,963 71,908,963 58,257,387