v3.21.2
Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenues (including amounts from related parties of $0 during both the three and nine months ended September 30, 2021, and $0 and $2,813 during the three and nine months ended September 30, 2020, respectively) $ 8,517 $ 17,823 $ 51,226 $ 34,444
Operating expenses        
Research and development 26,602 19,361 74,473 54,223
General and administrative 16,589 9,079 40,241 26,435
Total operating expenses 43,191 28,440 114,714 80,658
Loss from operations (34,674) (10,617) (63,488) (46,214)
Interest income 109 295 481 1,320
Unrealized gain (loss) on equity securities 4,483 29,778 (1,881) 78,638
Interest and other expense, net (820) (2,317) (2,525) (6,328)
Net (loss) income $ (30,902) $ 17,139 $ (67,413) $ 27,416
Net (loss) income per share, basic $ (0.67) $ 0.46 $ (1.46) $ 0.91
Net (loss) income per share, diluted $ (0.67) $ 0.45 $ (1.46) $ 0.90
Weighted-average shares used in computing basic net (loss) income per share 46,162,544 36,887,266 46,060,010 29,994,917
Weighted-average shares used in computing diluted net (loss) income per share 46,162,544 37,877,552 46,060,010 30,349,856

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