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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Total revenue $ 11,102 $ 0 $ 1,456,468 $ 208,382,779
Operating expenses:        
Research and development 5,183,253 4,917,393 19,062,192 28,849,969
General and administrative 7,631,705 6,764,341 25,769,525 28,970,053
Total operating expenses 12,814,958 11,681,734 44,831,717 57,820,022
(Loss) income from operations (12,803,856) (11,681,734) (43,375,249) 150,562,757
Other income (expense), net 836,085 2,657 711,009 (49,593)
(Loss) income before provision for income taxes (11,967,771) (11,679,077) (42,664,240) 150,513,164
(Benefit) provision for income taxes 0 (294,829) 0 1,678,532
Net (loss) income $ (11,967,771) $ (11,384,248) $ (42,664,240) $ 148,834,632
Net (loss) income per share, basic (in dollars per share) $ (0.17) $ (0.17) $ (0.61) $ 2.15
Net (loss) income per share, diluted (in dollars per share) $ (0.17) $ (0.17) $ (0.61) $ 2.14
Weighted-average common shares outstanding, basic (in shares) 70,430,554 67,929,894 70,408,657 67,282,495
Weighted-average common shares outstanding, diluted (in shares) 70,430,554 67,929,894 70,408,657 67,848,033
License and other revenue        
Revenue:        
Total revenue $ 11,102 $ 0 $ 1,456,468 $ 12,382,779
License revenue - related party        
Revenue:        
Total revenue $ 0 $ 0 $ 0 $ 196,000,000