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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 163 $ 3,480 $ 337 $ 4,165
Operating expenses:        
Research and development 20,731 12,356 37,786 25,076
General and administrative 7,154 4,306 14,066 8,426
(Gain) loss on fair value remeasurement of contingent consideration (6,326) 258 (6,862) 741
Litigation settlement related loss 15,000   15,000  
Total operating expenses 36,559 16,920 59,990 34,243
Operating loss (36,396) (13,440) (59,653) (30,078)
Investment and other income, net 392 67 599 167
Net loss (36,004) (13,373) (59,054) (29,911)
Net loss $ (36,004) $ (13,373) $ (59,054) $ (29,911)
Basic net loss per common share $ (0.77) $ (0.34) $ (1.26) $ (0.76)
Diluted net loss per common share $ (0.77) $ (0.34) $ (1.26) $ (0.76)
Shares used in calculating basic net loss per share 46,759 39,616 46,749 39,615
Shares used in calculating diluted net loss per share 46,759 39,616 46,749 39,615
Comprehensive loss:        
Net loss $ (36,004) $ (13,373) $ (59,054) $ (29,911)
Other comprehensive income (loss):        
Unrealized (loss) gain on marketable securities (529) 5 (2,311) 3
Comprehensive loss (36,533) (13,368) (61,365) (29,908)
Product development and licensing agreements        
Revenues:        
Total revenues 0 26 30 29
Contracts and grants        
Revenues:        
Total revenues $ 163 $ 3,454 $ 307 $ 4,136