v3.21.2
Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Revenues (including amounts from related parties of $0 during both the three and six months ended June 30, 2021, and $0 and $2,813 during the three and six months ended June 30, 2020, respectively) $ 28,049 $ 9,469 $ 42,709 $ 16,621
Operating expenses        
Research and development 25,309 17,243 47,871 34,862
General and administrative 12,545 8,643 23,652 17,356
Total operating expenses 37,854 25,886 71,523 52,218
Loss from operations (9,805) (16,417) (28,814) (35,597)
Interest income 175 384 372 1,025
Unrealized gain (loss) on equity securities 4,325 48,860 (6,364) 48,860
Interest and other expense, net (847) (2,955) (1,705) (4,011)
Net (loss) income $ (6,152) $ 29,872 $ (36,511) $ 10,277
Net (loss) income per share, basic $ (0.13) $ 1.00 $ (0.79) $ 0.39
Net (loss) income per share, diluted $ (0.13) $ 0.94 $ (0.79) $ 0.36
Weighted-average shares used in computing basic net (loss) income per share 46,116,175 29,900,913 46,007,892 26,510,873
Weighted-average shares used in computing diluted net (loss) income per share 46,116,175 31,777,960 46,007,892 28,538,279

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