Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.22.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
License and collaboration revenue $ 7,314 $ 3,552
Operating expenses:    
Research and development 74,963 64,059
General and administrative 20,571 17,738
Total operating expenses 95,534 81,797
Loss from operations (88,220) (78,245)
Interest and other income (expense), net 115 (90)
Loss before provision for income taxes (88,105) (78,335)
Provision for income taxes 0 0
Net loss (88,105) (78,335)
Other comprehensive gain (loss):    
Unrealized gain (loss) on available-for-sale securities (1,524) (135)
Comprehensive loss $ (89,629) $ (78,470)
Net loss per common share:    
Basic and diluted net loss per common share $ (0.87) $ (0.86)
Weighted-average shares outstanding used to calculate basic and diluted net loss per common share 100,726 91,456