XML 12 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
Revenue:        
Total revenue $ 2,264 $ 0 $ 2,264 $ 0
Operating expenses:        
Cost of product revenue 88 0 88 0
Research and development [1] 30,334 43,618 61,494 70,819
Acquired in-process research and development [2] 0 150 0 975
Selling, general and administrative 21,089 10,107 36,018 21,152
Total operating costs and expenses 51,511 53,875 97,600 92,946
Loss from operations (49,247) (53,875) (95,336) (92,946)
Other income:        
Other income, net 2,000 3,647 4,593 7,397
Total other income, net 2,000 3,647 4,593 7,397
Net loss (47,247) (50,228) (90,743) (85,549)
Other comprehensive income (loss)        
Unrealized gain on available-for-sale securities, net of tax 0 93 1 250
Comprehensive loss $ (47,247) $ (50,135) $ (90,742) $ (85,299)
Net loss per share attributable to common stockholders, basic $ (0.4) $ (0.46) $ (0.77) $ (0.78)
Net loss per share attributable to common stockholders,diluted $ (0.4) $ (0.46) $ (0.77) $ (0.78)
Weighted-average common shares outstanding, basic 119,362,670 109,450,071 117,490,439 109,119,630
Weighted-average common shares outstanding, diluted 119,362,670 109,450,071 117,490,439 109,119,630
Product revenue        
Revenue:        
Total revenue $ 2,264 $ 0 $ 2,264 $ 0
[1] Includes related-party amounts of $1,131 and $2,266 for the three and six months ended June 30, 2024, respectively, and $2,258 and $5,218 for the three and six months ended June 30, 2023, respectively (see Note 15).
[2] Includes no related-party amounts for both the three and six months ended June 30, 2024, and $0 and $375 for the three and six months ended June 30, 2023, respectively (see Note 15).