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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Total revenues $ 69,856 $ 132,299 $ 82,271
Operating expenses:      
Research and development 151,117 114,592 114,522
General and administrative 43,812 38,600 38,489
Restructuring charge   1,487 21,433
Total operating expenses 194,929 154,679 174,444
Loss from operations (125,073) (22,380) (92,173)
Investment income, net 51 729 4,424
Non-cash interest expense on liability related to the sale of future royalties and convertible senior notes (13,103) (23,107) (16,879)
Interest expense on convertible senior notes (47) (95) (95)
Other (expense) income, net (1,131) 481 590
Net loss (139,303) (44,372) (104,133)
Total comprehensive loss $ (139,303) $ (44,372) $ (104,133)
Basic net (loss) income per common share $ (0.68) $ (0.25) $ (0.70)
Diluted net (loss) income per common share $ (0.68) $ (0.25) $ (0.70)
Basic weighted average common shares outstanding (in shares) 206,147 176,153 148,311
Diluted weighted average common shares outstanding (in shares) 206,147 176,153 148,311
Non-cash royalty revenue related to the sale of future royalties      
Revenues:      
Total revenues $ 46,808 $ 68,529 $ 47,415
License and milestone fees      
Revenues:      
Total revenues 22,650 63,742 34,788
Research and development support      
Revenues:      
Total revenues $ 398 $ 28 $ 68