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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Revenues $ 49,412 $ 9,398 $ 50,249 $ 174,190
Operating expenses:        
Research and development 27,732 57,089 87,846 183,351
General and administrative 11,049 13,918 34,861 48,068
Impairment of long-lived assets 0 44,799 5,521 65,232
Impairment of goodwill and indefinite-lived intangible assets 0 0 0 89,485
Total operating expenses 38,781 115,806 128,228 386,136
Income (loss) from operations 10,631 (106,408) (77,979) (211,946)
Interest and other income, net 129 3,515 3,694 9,610
Income (loss) before income taxes 10,760 (102,893) (74,285) (202,336)
Income tax expense (benefit) 88 1,270 260 (4,800)
Net income (loss) 10,672 (104,163) (74,545) (197,536)
Net income allocated to participating securities 1,287 0 0 0
Net income (loss) available to common stockholders $ 9,385 $ (104,163) $ (74,545) $ (197,536)
Net income (loss) per share        
Basic net loss per share (in dollars per share) $ 0.05 $ (0.59) $ (0.37) $ (1.14)
Diluted net loss per share (in dollars per share) $ 0.04 $ (0.59) $ (0.37) $ (1.14)
Shares used in computing net income (loss) per share        
Shares used in computing basic net loss per share (in shares) 208,345 177,171 198,849 173,375
Weighted average number of shares outstanding - diluted (in shares) 214,325 177,171 198,849 173,375