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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Total revenues $ 4,651 $ 7,418 $ 3,573
Operating expenses:      
Research and development 53,311 42,534 42,672
General and administrative 20,488 14,456 15,426
Intangible asset impairment 3,500 18,000  
Other asset impairment     1,800
Gain on fair value remeasurement of contingent consideration (1,405) (4,218) (1,294)
Total operating expenses 75,894 70,772 58,604
Operating loss (71,243) (63,354) (55,031)
Investment and other income, net 505 2,407 4,153
Net loss before income tax benefit (70,738) (60,947) (50,878)
Income tax benefit 227 1,167  
Net loss $ (70,511) $ (59,780) $ (50,878)
Basic net loss per common share $ (1.64) $ (2.02) $ (3.51)
Diluted net loss per common share $ (1.64) $ (2.02) $ (3.51)
Shares used in calculating basic net loss per share 42,870 29,640 14,507
Shares used in calculating diluted net loss per share 42,870 29,640 14,507
Comprehensive loss:      
Net loss $ (70,511) $ (59,780) $ (50,878)
Other comprehensive income (loss):      
Unrealized (loss) gain on marketable securities (695) (30) 36
Comprehensive loss (71,206) (59,810) (50,842)
Product development and licensing agreements      
Revenues:      
Total revenues 31 2,301 473
Contracts and grants      
Revenues:      
Total revenues $ 4,620 $ 5,117 $ 3,100