XML 48 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]    
Revenue from collaboration agreements $ 33,195 $ 21,381
Operating expenses:    
Research and development 78,440 48,059
General and administrative 15,204 8,774
Total operating expenses 93,644 56,833
Operating loss (60,449) (35,452)
Other (expense) income    
Change in fair value of warrant liability—related party (5,676)  
Interest expense and amortization of long-term debt—related party (1,229)  
Interest and other income, net 393 2,157
Total other (expense) income (6,512) 2,157
Loss before income taxes (66,961) (33,295)
Income tax benefit (expense) 626 (804)
Net loss (66,335) (34,099)
Unrealized gain on marketable securities 13  
Comprehensive loss (66,322) (34,099)
Reconciliation of net loss to net loss attributable to common stockholders:    
Net loss (66,335) (34,099)
Accrual of preferred stock dividends   (8,468)
Net loss attributable to common stockholders—basic and diluted $ (66,335) $ (42,567)
Net loss per share attributable to common stockholders—basic and diluted $ (5.83) $ (31.03)
Weighted-average common stock outstanding—basic and diluted 11,370,328 1,371,905