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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
Revenue:        
Revenue $ 0 $ 703 $ 320 $ 1,356
Operating expenses:        
Research and development 20,856 7,781 32,305 13,502
General and administrative 3,242 2,404 6,401 4,720
Total operating expenses 24,098 10,185 38,706 18,222
Loss from operations (24,098) (9,482) (38,386) (16,866)
Other income (expense):        
Loss from remeasurement of development derivative liability (3,708) 0 (4,162) 0
Interest income 21 491 232 808
Interest expense (379) (219) (757) (445)
Foreign exchange gain (loss) 22 (22) 26 (22)
Total other income (expense) (4,044) 250 (4,661) 341
Net loss $ (28,142) $ (9,232) $ (43,047) $ (16,525)
Net loss per common share, basic and diluted (in usd per share) $ (0.98) $ (0.33) $ (1.50) $ (0.63)
Weighted average common shares outstanding, basic and diluted 28,805,238 27,932,610 28,789,256 26,224,986
Grant Revenue        
Revenue:        
Revenue $ 0 $ 203 $ 320 $ 856
Collaborative Agreement        
Revenue:        
Revenue $ 0 $ 500 $ 0 $ 500