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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues        
Revenues $ 16,566 $ 7,881 $ 34,210 $ 8,765
Types of Revenue[Extensible List] us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember
Operating Expenses        
Cost of revenues $ 4,684 $ 1,927 $ 8,093 $ 1,956
Research and development 38,111 29,483 75,146 54,686
General and administrative 15,554 13,405 30,387 24,963
Other operating expenses (income) 50 (62) 117 (62)
Total operating expenses 58,399 44,753 113,743 81,543
Loss from operations (41,833) (36,872) (79,533) (72,778)
Other Income        
Interest income from licensing 1,849 762 2,697 1,375
Investment income 5,722 34,524 2,536 37,519
Total other income 7,571 35,286 5,233 38,894
Loss before income taxes (34,262) (1,586) (74,300) (33,884)
Income Tax Benefit 500 129 500 199
Net loss (33,762) (1,457) (73,800) (33,685)
Other Comprehensive Income        
Unrealized gain on available-for-sale securities, net 1,330 530 545 1,151
Total other comprehensive income 1,330 530 545 1,151
Comprehensive loss $ (32,432) $ (927) $ (73,255) $ (32,534)
Basic and diluted net loss per share $ (0.91) $ (0.04) $ (1.98) $ (0.92)
Weighted-average basic and diluted common shares outstanding 37,257 36,669 37,180 36,518