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v3.22.1

Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2021 | Dec. 31, 2020
Operating expenses: |  |
Research and development | $ 73,922 | $ 29,550
In-process research and development | 10,848 | 71,745
General and administrative | 22,616 | 7,957
Contribution of common stock to Erasca Foundation | 17,497 |
Total operating expenses | 124,883 | 109,252
Loss from operations | (124,883) | (109,252)
Other income (expense) |  |
Interest income | 190 | 336
Other income (expense), net | 314 | (102)
Change in fair value of preferred stock purchase right liability | 1,615 | 7,358
Total other income (expense), net | 2,119 | 7,592
Net loss | $ (122,764) | $ (101,660)
Net loss per share, basic and diluted | $ (1.85) | $ (4.83)
Weighted-average shares of common stock used in computing net loss per share, basic and diluted | 66,290,592 | 21,037,540
Other comprehensive income (loss): |  |
Unrealized loss on investments, net | $ (164) | $ (9)
Comprehensive loss | $ (122,928) | $ (101,669)

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