XML 17 R4.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS        
Collaboration Revenue $ 1,396   $ 2,454  
Operating expenses        
Research and development 24,494 $ 18,933 45,690 $ 34,307
General and administrative 8,253 4,088 15,551 6,776
In-process research and development     10,000  
Total operating expenses 32,747 23,021 71,241 41,083
Loss from operations (31,351) (23,021) (68,787) (41,083)
Interest expense (330) (318) (644) (632)
Other income, net 711 66 964 94
Total other expense 381 (252) 320 (538)
Loss before provision for income taxes (30,970) (23,273) (68,467) (41,621)
Provision for income taxes (18)   (34)  
Net loss $ (30,988) $ (23,273) $ (68,501) $ (41,621)
Net loss per common share Basic (in dollars per share) $ (0.54) $ (1.93) $ (1.19) $ (4.26)
Net loss per common share Diluted (in dollars per share) $ (0.54) $ (1.93) $ (1.19) $ (4.26)
Weighted average common shares outstanding Basic (in shares) 57,685,006 12,044,610 57,370,022 9,775,840
Weighted average common shares outstanding Diluted (in shares) 57,685,006 12,044,610 57,370,022 9,775,840
Other comprehensive loss        
Net loss $ (30,988) $ (23,273) $ (68,501) $ (41,621)
Unrealized (loss) gain on investments (780) 32 (2,766) 5
Foreign currency translation (12) (9) (18) (5)
Comprehensive loss $ (31,780) $ (23,250) $ (71,285) $ (41,621)