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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue:        
Revenues $ 4,933 $ 2,101 $ 13,515 $ 4,134
Operating expenses:        
Research and development 15,066 15,002 51,559 53,437
General and administrative 4,342 4,921 16,757 17,144
Total operating expenses 19,408 19,923 68,316 70,581
Operating loss (14,475) (17,822) (54,801) (66,447)
Other income (expense):        
Interest income 1,022 723 1,941 2,076
Non-cash interest expense related to sale of future royalties (631) (207) (2,045) (573)
Other income (expense), net 22 (55) 26 (59)
Loss before income taxes (14,062) (17,361) (54,879) (65,003)
Provision for income taxes 18 39 84 87
Net loss $ (14,080) $ (17,400) $ (54,963) $ (65,090)
Net loss per share - basic and diluted (in dollars per share) $ (0.06) $ (0.11) $ (0.28) $ (0.45)
Shares used to compute net loss per share - basic and diluted (in shares) 227,452,883 152,026,112 193,655,660 145,810,175
Comprehensive loss:        
Net loss $ (14,080) $ (17,400) $ (54,963) $ (65,090)
Unrealized gain on available-for-sale investments, net of tax 43 13 28 288
Comprehensive loss (14,037) (17,387) (54,935) (64,802)
Non Cash Royalty Revenue [Member]        
Revenue:        
Revenues 40 446 662 754
Government Contract [Member]        
Revenue:        
Revenues 4,893 0 12,853 0
Grant [Member]        
Revenue:        
Revenues $ 0 $ 1,655 $ 0 $ 3,380