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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Commercialization revenue $ 40,190 $ 2,020 $ 96,187 $ 3,697
License and collaboration revenue 0 118 0 624
Total revenue 40,190 2,138 96,187 4,321
Costs and operating expenses:        
Cost of commercialization revenue 7,602 2,615 14,214 5,726
Research and development expenses 43,924 56,888 122,762 175,185
General and administrative expenses 10,421 12,247 30,446 39,454
Total costs and operating expenses 61,947 71,750 167,422 220,365
Loss from operations (21,757) (69,612) (71,235) (216,044)
Other income (expense), net:        
Interest income 459 1,218 1,513 4,715
Interest expense (1,183) (1,395) (3,598) (4,109)
Other income (expense), net 555 (27) 617 (234)
Total other income (expense), net (169) (204) (1,468) 372
Loss before provision for (benefit from) income taxes (21,926) (69,816) (72,703) (215,672)
Provision for (benefit from) income taxes (17) (19) 7 4
Net income (loss) (21,909) (69,797) (72,710) (215,676)
Other comprehensive gain (loss):        
Unrealized gain (loss) on available-for-sale securities 36 362 226 1,496
Comprehensive income (loss) $ (21,873) $ (69,435) $ (72,484) $ (214,180)
Basic net loss per common share $ (2.93) $ (16.4) $ (11.34) $ (51.27)
Diluted net loss per common share $ (2.93) $ (16.4) $ (11.34) $ (51.27)
Basic weighted-average shares outstanding 7,466 4,256 6,414 4,207
Diluted weighted-average shares outstanding 7,466 4,256 6,414 4,207