XML 18 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating expenses:        
Research and development (includes related party amounts of $249, $0, $653, and $0 respectively) $ 14,859 $ 2,772 $ 30,724 $ 3,201
In-process research and development   78,897   78,897
General and administrative (includes related party amounts of $34, $47, $77, and $18, respectively) 5,162 1,345 9,672 2,142
Total operating expenses 20,021 83,014 40,396 84,240
Loss from operations (20,021) (83,014) (40,396) (84,240)
Other income (expense):        
Interest income 182 101 1,060 101
Interest expense (includes related party amounts of $0, $(71), $0 and $(82), respectively) (1,262) (1,137) (2,000) (1,148)
Change in fair value of warrant liabilities (includes related party amounts of $0, $(1,277), $0 and $(1,277), respectively)   (1,284) 95 (1,284)
Change in fair value of convertible promissory notes (includes related party amounts of $0, $(488), $0, and $(502), respectively)   (2,428)   (2,442)
Other income (expense)     (1)  
Total other income (expense) (1,080) (4,748) (846) (4,773)
Net loss $ (21,101) $ (87,762) $ (41,242) $ (89,013)
Net loss per share, basic and diluted $ (0.64) $ (13.11) $ (1.26) $ (13.40)
Weighted-average shares of common stock outstanding, basic and diluted 32,997,099 6,694,682 32,733,750 6,640,394