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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Revenues $ 13,136 $ 26,007 $ 37,632 $ 37,108
Costs and expenses:        
Cost of product sales 258 180 371 228
Cost of manufacturing services 919 2,222 4,329 2,222
Research and development 43,229 51,744 89,101 113,182
Selling, general and administrative 13,692 13,669 27,219 29,922
Total costs and expenses 58,098 67,815 121,020 145,554
Loss from operations (44,962) (41,808) (83,388) (108,446)
Gain on modification of debt 100,930 0 100,930 0
Interest and other income 2,275 504 3,348 699
Interest expense (774) 0 (1,430) 0
Net loss 57,469 (41,304) 19,460 (107,747)
Other comprehensive income (loss):        
Unrealized loss on investments (80) (43) (67) (265)
Comprehensive income (loss) $ 57,389 $ (41,347) $ 19,393 $ (108,012)
Net income (loss) per common share:        
Basic net loss per common share (in usd per share) $ 0.93 $ (0.67) $ 0.31 $ (1.76)
Diluted net loss per common share (in usd per share) $ 0.92 $ (0.67) $ 0.31 $ (1.76)
Weighted average common shares outstanding:        
Basic weighted average common shares outstanding (in shares) 61,880,096 61,384,943 61,845,151 61,354,721
Diluted weighted average common shares outstanding (in shares) 62,261,646 61,384,943 62,030,710 61,354,721
Collaborative and other agreements        
Revenues:        
Revenues $ 6,021 $ 16,863 $ 22,708 $ 23,956
Product sales, net        
Revenues:        
Revenues 5,062 4,672 8,552 8,252
Government agreements        
Revenues:        
Revenues 466 480 749 908
Contract Manufacturing        
Revenues:        
Revenues 1,587 3,992 5,202 3,992
RevenueFromRoyalityAgreementsMember        
Revenues:        
Revenues $ 0 $ 0 $ 421 $ 0