v3.22.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
License and collaboration revenue $ 51,579 $ 3,870 $ 58,893 $ 7,422
Operating expenses:        
Research and development 64,898 68,475 139,861 132,534
General and administrative 18,813 19,397 39,384 37,135
Total operating expenses 83,711 87,872 179,245 169,669
Loss from operations (32,132) (84,002) (120,352) (162,247)
Gain on sale of ATOM Facility (See Note 7) 50,237 0 50,237 0
Interest and other income (expense), net 361 225 476 135
Total other income (expense), net, Total 50,598 225 50,713 135
Income (loss) before provision for income taxes 18,466 (83,777) (69,639) (162,112)
Provision for income taxes 0 16 0 16
Net income (loss) 18,466 (83,793) (69,639) (162,128)
Other comprehensive gain (loss):        
Unrealized gain (loss) on available-for-sale securities (726) (99) (2,250) (234)
Comprehensive income (loss) $ 17,740 $ (83,892) $ (71,889) $ (162,362)
Net earnings (loss) per common share:        
Basic earnings (loss) per common share $ 0.18 $ (0.91) $ (0.69) $ (1.77)
Diluted earnings (loss) per common share $ 0.18 $ (0.91) $ (0.69) $ (1.77)
Basic weighted-average shares outstanding 101,601 92,152 101,166 91,806
Diluted weighted-average shares outstanding 101,866 92,152 101,166 91,806

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