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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total revenues $ 9,210 $ 18,189 $ 41,864 $ 46,501
Operating expenses:        
Research and development 33,147 24,685 102,149 75,014
General and administrative 10,297 10,231 30,234 28,862
Restructuring charges       1,524
Total operating expenses 43,444 34,916 132,383 105,400
Loss from operations (34,234) (16,727) (90,519) (58,899)
Investment income, net 11 11 35 719
Non-cash interest expense on liability related to the sale of future royalties and convertible senior notes (2,751) (5,645) (10,952) (17,428)
Interest expense on convertible senior notes   (24) (47) (71)
Other (expense) income, net (365) 11 (648) (81)
Net loss $ (37,339) $ (22,374) $ (102,131) $ (75,760)
Basic and diluted net loss per common share $ (0.18) $ (0.13) $ (0.51) $ (0.44)
Basic and diluted weighted-average common shares outstanding 204,844 174,508 201,212 172,215
Total comprehensive loss $ (37,339) $ (22,374) $ (102,131) $ (75,760)
Non-cash royalty revenue related to the sale of future royalties        
Revenues:        
Total revenues 6,533 18,087 38,768 45,159
License and milestone fees        
Revenues:        
Total revenues $ 2,677 97 3,086 1,325
Research and development support        
Revenues:        
Total revenues   $ 5 $ 10 $ 17