XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.3
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 from Contract with Customer, Including Assessed Tax $ 2,101 $ 0 $ 4,134 $ 85
Operating expenses:        
Research and development 15,002 22,466 53,437 60,595
General and administrative 4,921 6,960 17,144 22,939
Total operating expenses 19,923 29,426 70,581 83,534
Operating loss (17,822) (29,426) (66,447) (83,449)
Other income (expense):        
Interest income 723 458 2,076 650
Non-cash interest expense related to sale of future royalties (207) (325) (573) (988)
Other expense, net (55) 0 (59) (2)
Loss before income taxes (17,361) (29,293) (65,003) (83,789)
Provision for income taxes 39 16 87 51
Net loss $ (17,400) $ (29,309) $ (65,090) $ (83,840)
Net loss per share - basic and diluted (in dollars per share) $ (0.11) $ (0.23) $ (0.45) $ (0.66)
Shares used to compute net loss per share - basic and diluted (in shares) 152,026,112 126,889,718 145,810,175 126,374,424
Comprehensive loss:        
Net loss $ (17,400) $ (29,309) $ (65,090) $ (83,840)
Unrealized gain (loss) on available-for-sale investments, net of tax 13 (109) 288 (444)
Comprehensive loss (17,387) (29,418) (64,802) (84,284)
Non Cash Royalty Revenue [Member]        
Revenue from Contract with Customer, Including Assessed Tax 446 0 754 85
Grant [Member]        
Revenue from Contract with Customer, Including Assessed Tax $ 1,655 $ 0 $ 3,380 $ 0