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CONDENSED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue $ 117 $ 0
Operating expenses:    
Research and development 14,336 22,320
General and administrative 4,009 3,327
Total operating expenses 18,345 25,647
Loss from operations (18,228) (25,647)
Other income (expense):    
Gain/(loss) from remeasurement of development derivative liability 7,233 (1,426)
Interest income 3 2
Interest expense (148) (285)
Foreign exchange loss (1) (2)
Total other income (expense) 7,087 (1,711)
Net loss $ (11,141) $ (27,358)
Net loss per common share, basic (in usd per share) $ (0.23) $ (0.87)
Net loss per common share, diluted (in usd per share) $ (0.23) $ (0.87)
Weighted average common shares outstanding, basic (in shares) 48,635,034 31,282,662
Weighted average common shares outstanding, diluted (in shares) 48,635,034 31,282,662
Sublicense revenue    
Revenue $ 117 $ 0