XML 14 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Revenues $ 20,876 $ 2,181
Operating expenses:    
Research and development 30,744 19,013
General and administrative 5,067 7,238
Total operating expenses 35,811 26,251
Operating loss (14,935) (24,070)
Other income (expense):    
Interest income 437 503
Non-cash interest expense related to sale of future royalties (997) (804)
Other income (expense), net (1) (1)
Loss before income taxes (15,496) (24,372)
Provision for income taxes 95 45
Net loss $ (15,591) $ (24,417)
Net loss per share - basic and diluted (in dollars per share) $ (0.07) $ (0.14)
Shares used to compute net loss per share - basic and diluted (in shares) 227,923,636 168,811,095
Comprehensive loss:    
Net loss $ (15,591) $ (24,417)
Unrealized loss on available-for-sale investments, net of tax (11) (9)
Comprehensive loss (15,602) (24,426)
Non Cash Royalty Revenue [Member]    
Revenue:    
Revenues 1,579 585
Government Contract [Member]    
Revenue:    
Revenues $ 19,297 $ 1,596