Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations (Unaudited)

v3.23.1
Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Revenues $ 12,674 $ 5,897
Operating expenses    
Research and development 39,399 29,990
General and administrative 15,512 15,039
Total operating expenses 54,911 45,029
Loss from operations (42,237) (39,132)
Interest income 2,560 116
Unrealized (loss) gain on equity securities (6,992) 563
Interest and other income (expense), net (2,986) (657)
Loss before provision for income taxes (49,655) (39,110)
Provision for income taxes 395 0
Net loss $ (50,050) $ (39,110)
Net loss per share, basic $ (0.85) $ (0.84)
Net loss per share, diluted $ (0.85) $ (0.84)
Weighted-average shares used in computing basic loss per share 58,723,432 46,499,602
Weighted-average shares used in computing diluted loss per share 58,723,432 46,499,602