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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 407 $ 153 $ 744 $ 4,317
Operating expenses:        
Research and development 21,572 13,557 59,359 38,633
General and administrative 6,531 5,821 20,596 14,247
Intangible asset impairment   3,500   3,500
Gain on fair value remeasurement of contingent consideration (0) (1,901) (6,862) (1,160)
Litigation settlement related loss     15,000  
Total operating expenses 28,103 20,977 88,093 55,220
Operating loss (27,696) (20,824) (87,349) (50,903)
Investment and other income, net 912 145 1,511 313
Net loss before income tax benefit (26,784) (20,679) (85,838) (50,590)
Income tax benefit   227   227
Net loss $ (26,784) $ (20,452) $ (85,838) $ (50,363)
Basic net loss per common share $ (0.57) $ (0.45) $ (1.83) $ (1.21)
Diluted net loss per common share $ (0.57) $ (0.45) $ (1.83) $ (1.21)
Shares used in calculating basic net loss per share 46,916 45,453 46,806 41,582
Shares used in calculating diluted net loss per share 46,916 45,453 46,806 41,582
Comprehensive loss:        
Net loss $ (26,784) $ (20,452) $ (85,838) $ (50,363)
Other comprehensive income (loss):        
Unrealized gain (loss) on marketable securities 305 (44) (2,006) (41)
Comprehensive loss (26,479) (20,496) (87,844) (50,404)
Product development and licensing agreements        
Revenues:        
Total revenues     30 29
Contracts and grants        
Revenues:        
Total revenues $ 407 $ 153 $ 714 $ 4,288