Annual report pursuant to Section 13 and 15(d)

Statements of Operations

v3.23.1
Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Revenues $ 67,772 $ 61,880 $ 42,722
Operating expenses      
Research and development 137,171 104,400 76,961
General and administrative 59,544 56,004 36,818
Total operating expenses 196,715 160,404 113,779
Loss from operations (128,943) (98,524) (71,057)
Interest income 3,455 577 1,508
Unrealized gain (loss) on equity securities 12,130 (4,454) 41,498
Interest and other income (expense), net (3,346) (3,137) (3,974)
Loss before provision for income taxes (116,704) (105,538) (32,025)
Provision for income taxes 2,500   103
Net loss $ (119,204) $ (105,538) $ (32,128)
Net loss per share, basic $ (2.35) $ (2.29) $ (0.99)
Net loss per share, diluted $ (2.35) $ (2.29) $ (0.99)
Weighted-average shares used in computing basic loss per share 50,739,185 46,119,089 32,573,469
Weighted-average shares used in computing diluted loss per share 50,739,185 46,119,089 32,573,469