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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating expenses:        
Research and development $ 3,478 $ 6,750 $ 6,071 $ 12,039
General and administrative 4,008 2,803 6,881 5,555
Acquired in-process research and development     164,617  
Total operating expenses 7,486 9,553 177,569 17,594
Loss from operations (7,486) (9,553) (177,569) (17,594)
Other income (expense):        
Interest and investment income 40 60 53 227
Other expense, net (20) (15) (34) (93)
Total other income, net 20 45 19 134
Net loss (7,466) (9,508) (177,550) (17,460)
Dividend on convertible preferred stock related to beneficial conversion feature and issuance costs (24,437)   (24,437)  
Net loss attributable to common shareholders $ (31,903) $ (9,508) $ (201,987) $ (17,460)
Net loss per share - basic and diluted $ (0.89) $ (0.53) $ (6.93) $ (1.03)
Weighted-average common shares outstanding used in net loss per share - basic and diluted 35,880,580 17,967,495 29,167,672 16,933,079