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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue:        
License and other revenue   $ 119 $ 10,007 $ 345
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember
Total revenue   $ 119 $ 10,007 $ 345
Operating expenses:        
Research and development expenses $ 91,992 88,201 174,395 171,028
Change in fair value of contingent consideration liability (11,374) (2,152) (13,206) (3,155)
General and administrative expenses 20,139 20,120 39,938 39,699
Total operating expenses 100,757 106,169 201,127 207,572
Loss from operations (100,757) (106,050) (191,120) (207,227)
Other income:        
Interest income 8,547 7,559 17,498 14,500
Other (expense) income (2) (14) 23 (17)
Total other income, net 8,545 7,545 17,521 14,483
Net loss $ (92,212) $ (98,505) $ (173,599) $ (192,744)
Net loss per share, basic $ (0.69) $ (0.81) $ (1.32) $ (1.59)
Net loss per share, diluted $ (0.69) $ (0.81) $ (1.32) $ (1.59)
Weighted average shares of common stock, basic 132,821,826 121,680,844 131,832,420 121,501,849
Weighted average shares of common stock, diluted 132,821,826 121,680,844 131,832,420 121,501,849
Other comprehensive (loss) income:        
Unrealized holding (loss) gain $ (182) $ (279) $ (1,144) $ 4,339
Total other comprehensive (loss) income (182) (279) (1,144) 4,339
Total comprehensive loss $ (92,394) $ (98,784) $ (174,743) $ (188,405)