XML 19 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Total revenues $ 0 $ 74,000 $ 10,000 $ 128,000
Operating expenses:        
Research and development 4,112,000 2,075,000 12,885,000 6,743,000
General and administrative 3,385,000 5,156,000 11,903,000 12,634,000
Total operating expenses 7,497,000 7,231,000 24,788,000 19,377,000
Loss from operations (7,497,000) (7,157,000) (24,778,000) (19,249,000)
Other income and expense:        
Other income, net 7,000 6,322,000 19,000 6,482,000
Interest income 2,000 168,000 7,000 246,000
Interest expense 0 0 (37,000) (48,000)
Other (expense) income, net 9,000 6,490,000 (11,000) 6,680,000
Net loss before taxes (7,488,000) (667,000) (24,789,000) (12,569,000)
Income tax benefit 0 2,432,000 0 9,321,000
Net income (loss) (7,488,000) 1,765,000 (24,789,000) (3,248,000)
Accretion of preferred stock to current redemption value 0 0 0 (651,000)
Net income (loss) attributable to common shareholders $ (7,488,000) $ 1,765,000 $ (24,789,000) $ (3,899,000)
Net income (loss) per share of common stock        
Net income (loss) per share of common stock - Basic (in dollars per share) $ (0.90) $ 0.21 $ (2.97) $ (0.62)
Net income (loss) per share of common stock - Diluted (in dollars per share) $ (0.90) $ 0.21 $ (2.97) $ (0.62)
Weighted average number of common shares outstanding        
Weighted-average number of common shares outstanding - Basic (in shares) 8,357,391 8,293,312 8,333,017 6,267,576
Weighted-average number of common shares outstanding - Diluted (in shares) 8,357,391 8,486,804 8,333,017 6,267,576
Revenue, Product and Service [Extensible List]     License and collaboration revenue