Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations and Comprehensive Loss

v3.19.2
Condensed Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Collaboration revenue $ 10,791 $ 8,774 $ 17,815 $ 18,511
Total revenues 10,791 8,774 17,815 18,511
Operating expenses:        
Research and development 8,565 10,737 17,948 22,818
General and administrative 3,054 2,594 5,645 5,307
Total operating expenses 11,619 13,331 23,593 28,125
Loss from operations (828) (4,557) (5,778) (9,614)
Other income (expense):        
Interest income 172 244 372 477
Interest expense 0 (187) 0 (372)
Other income (expense) 0 3 3 (6)
Total other income 172 60 375 99
Net loss (656) (4,497) (5,403) (9,515)
Other comprehensive income (loss):        
Net unrealized gains on marketable securities 2 71 22 36
Comprehensive loss $ (654) $ (4,426) $ (5,381) $ (9,479)
Net loss per share, basic and diluted $ (0.02) $ (0.15) $ (0.16) $ (0.32)
Weighted average shares outstanding used in computing net loss per share, basic and diluted 33,168 30,114 33,167 30,081