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STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Revenue:    
Total revenue $ 320 $ 2,361
Operating expenses:    
Research and development 72,088 30,911
General and administrative 13,088 11,186
Total operating expenses 85,176 42,097
Loss from operations (84,856) (39,736)
Other (expense) income:    
Loss from remeasurement of development derivative liability (12,507) 0
Interest income 237 1,582
Interest expense (1,445) (1,076)
Foreign exchange gain (loss) 6 (17)
Total other (expense) income (13,709) 489
Net loss $ (98,565) $ (39,247)
Net loss per common share, basic and diluted (in usd per share) $ (3.39) $ (1.43)
Weighted-average common shares outstanding, basic and diluted (in shares) 29,056,304 27,493,558
Grant revenue    
Revenue:    
Total revenue $ 320 $ 1,786
Revenue under collaborative agreement    
Revenue:    
Total revenue $ 0 $ 575