Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations (Unaudited)

v3.22.2.2
Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenues $ 25,147 $ 8,517 $ 59,140 $ 51,226
Operating expenses        
Research and development 31,714 26,602 94,036 74,473
General and administrative 14,643 16,589 44,825 40,241
Total operating expenses 46,357 43,191 138,861 114,714
Loss from operations (21,210) (34,674) (79,721) (63,488)
Interest income 1,014 109 1,327 481
Unrealized gain (loss) on equity securities 3,496 4,483 323 (1,881)
Interest and other expense, net (2,788) (820) (4,039) (2,525)
Loss before provision for income taxes (19,488) (30,902) (82,110) (67,413)
Provision for income taxes     2,500  
Net loss $ (19,488) $ (30,902) $ (84,610) $ (67,413)
Net loss per share, basic $ (0.37) $ (0.67) $ (1.74) $ (1.46)
Net loss per share, diluted $ (0.37) $ (0.67) $ (1.74) $ (1.46)
Weighted-average shares used in computing basic loss per share 52,345,732 46,162,544 48,622,258 46,060,010
Weighted-average shares used in computing diluted loss per share 52,345,732 46,162,544 48,622,258 46,060,010