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CONDENSED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
License fees and royalties $ 43 $ 101 $ 95 $ 158
Operating expenses:        
Research and development 10,845 10,134 21,647 16,040
General and administrative 5,960 5,191 12,080 10,643
Total operating expenses 16,805 15,325 33,727 26,683
Loss from operations (16,762) (15,224) (33,632) (26,525)
Interest and other income 475 1,113 1,229 2,275
Change in fair value of equity investment 422 (98) 227  
Other expense 41 (30) (3) (48)
Net loss $ (15,824) $ (14,239) $ (32,179) $ (24,298)
Basic and diluted net loss per share $ (0.06) $ (0.08) $ (0.14) $ (0.13)
Shares used in computing basic and diluted net loss per share 246,966,143 186,556,082 223,594,118 186,475,055