v3.23.3
Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Revenues $ 16,924 $ 25,147 $ 40,010 $ 59,140
Operating expenses        
Research and development 45,669 31,714 126,660 94,036
General and administrative 15,269 14,643 45,780 44,825
Total operating expenses 60,938 46,357 172,440 138,861
Loss from operations (44,014) (21,210) (132,430) (79,721)
Interest income 4,550 1,014 9,952 1,327
Unrealized gain on equity securities 694 3,496 2,023 323
Non-cash interest expense related to the sale of future royalties (5,936)   (6,378)  
Interest and other income (expense), net (2,739) (2,788) (8,640) (4,039)
Loss before provision for income taxes (47,445) (19,488) (135,473) (82,110)
Provision for income taxes 1,839   2,385 2,500
Net loss $ (49,284) $ (19,488) $ (137,858) $ (84,610)
Net loss per share, basic $ (0.81) $ (0.37) $ (2.3) $ (1.74)
Net loss per share, diluted $ (0.81) $ (0.37) $ (2.3) $ (1.74)
Weighted-average shares used in computing basic loss per share 60,599,025 52,345,732 59,894,181 48,622,258
Weighted-average shares used in computing diluted loss per share 60,599,025 52,345,732 59,894,181 48,622,258

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