v3.25.1
Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Revenue $ 17,399 $ 13,008
Operating expenses    
Research and development 51,597 56,878
General and administrative 13,273 12,721
Restructuring and related costs 21,043 0
Total operating expenses 85,913 69,599
Loss from operations (68,514) (56,591)
Interest income 3,189 4,096
Unrealized gain on equity securities 0 3,679
Non-cash interest expense related to the sale of future royalties (9,344) (7,184)
Interest and other income (expense), net (1,299) (2,213)
Net loss $ (75,968) $ (58,213)
Net loss per share, basic $ (0.91) $ (0.95)
Net loss per share, diluted $ (0.91) $ (0.95)
Weighted-average shares used in computing basic net loss per share 83,106,013 61,457,793
Weighted-average shares used in computing diluted net loss per share 83,106,013 61,457,793

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