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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Total revenues $ 268 $ 163 $ 1,234 $ 337
Operating expenses:        
Research and development 26,252 20,731 53,049 37,786
General and administrative 7,221 7,154 13,861 14,066
Gain on fair value remeasurement of contingent consideration 0 (6,326) 0 (6,862)
Litigation settlement related loss   15,000 0 15,000
Total operating expenses 33,473 36,559 66,910 59,990
Operating loss (33,205) (36,396) (65,676) (59,653)
Investment and other income, net 2,703 392 5,813 599
Net loss $ (30,502) $ (36,004) $ (59,863) $ (59,054)
Basic and diluted net loss per common share $ (0.65) $ (0.77) $ (1.27) $ (1.26)
Basic and diluted net loss per common share $ (0.65) $ (0.77) $ (1.27) $ (1.26)
Shares used in calculating basic and diluted net loss per share 47,253 46,759 47,233 46,749
Shares used in calculating basic and diluted net loss per share 47,253 46,759 47,233 46,749
Comprehensive loss:        
Net loss $ (30,502) $ (36,004) $ (59,863) $ (59,054)
Other comprehensive income (loss):        
Unrealized (loss) gain on marketable securities (51) (529) 812 (2,311)
Comprehensive loss (30,553) (36,533) (59,051) (61,365)
Product development and licensing agreements        
Revenues:        
Total revenues 16   16 30
Contracts and grants        
Revenues:        
Total revenues $ 252 $ 163 $ 1,218 $ 307