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Selected Quarterly Financial Data | 12 Months Ended
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Dec. 31, 2020
Selected Quarterly Financial Data |
Selected Quarterly Financial Data | 17. Selected Quarterly Financial Data (unaudited) – The following table contains selected quarterly financial information from 2020 and 2019. The Company believes that the following information reflects all normal recurring adjustments necessary for a fair statement of the information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended | ​
​ | ​ | March 31, 2020 | ​ | June 30, 2020 | ​ | September 30, 2020 | ​ | December 31, 2020 | ​
​ | ​ | ​ | (in thousands, except per share data) | ​
Total collaboration and other research and development revenues | ​ | $ | 5,723 | ​ | $ | 10,749 | ​ | $ | 62,841 | ​ | $ | 11,419 | ​
Total operating expenses | ​ | ​ | 52,339 | ​ | ​ | 42,088 | ​ | ​ | 53,852 | ​ | ​ | 77,293 | ​
Total other income (expense), net | ​ | ​ | 8,892 | ​ | ​ | 7,767 | ​ | ​ | (1,170) | ​ | ​ | 3,375 | ​
Net (loss) income | ​ | $ | (37,724) | ​ | $ | (23,572) | ​ | $ | 7,819 | ​ | $ | (62,499) | ​
Net (loss) income applicable to common stockholders | ​ | $ | (37,724) | ​ | $ | (23,572) | ​ | $ | 7,819 | ​ | $ | (62,499) | ​
Net (loss) income per share attributable to common shareholders: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | ​ | $ | (0.69) | ​ | $ | (0.43) | ​ | $ | 0.13 | ​ | $ | (1.00) | ​
Diluted | ​ | $ | (0.69) | ​ | $ | (0.43) | ​ | $ | 0.12 | ​ | $ | (1.00) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended | ​
​ | ​ | March 31, 2019 | ​ | June 30, 2019 | ​ | September 30, 2019 | ​ | December 31, 2019 | ​
​ | ​ | ​ | (in thousands, except per share data) | ​
Total collaboration and other research and development revenues | ​ | $ | 2,069 | ​ | $ | 2,330 | ​ | $ | 3,848 | ​ | $ | 12,284 | ​
Total operating expenses | ​ | ​ | 33,331 | ​ | ​ | 37,979 | ​ | ​ | 38,436 | ​ | ​ | 51,707 | ​
Total other income (expense), net | ​ | ​ | 2,013 | ​ | ​ | 1,863 | ​ | ​ | 1,647 | ​ | ​ | 1,653 | ​
Net loss | ​ | $ | (29,249) | ​ | $ | (33,786) | ​ | $ | (32,941) | ​ | $ | (37,770) | ​
Net loss applicable to common stockholders | ​ | $ | (29,249) | ​ | $ | (33,786) | ​ | $ | (32,941) | ​ | $ | (37,770) | ​
Net loss per share applicable to common stockholders — basic and diluted | ​ | $ | (0.60) | ​ | $ | (0.69) | ​ | $ | (0.66) | ​ | $ | (0.74) | ​
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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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