Consolidated Statements of Operations - USD ($) $ in Thousands |
12 Months Ended |
Dec. 31, 2021 |
Dec. 31, 2020 |
| REVENUES: |
|
|
| Royalties |
$ 2,776
|
$ 773
|
| Collaboration revenues |
1,120
|
|
| Grant revenues |
445
|
1,053
|
| Total revenues |
4,341
|
1,826
|
| Cost of sales |
(1,426)
|
(385)
|
| Gross profit |
2,915
|
1,441
|
| OPERATING EXPENSES: |
|
|
| Research and development |
33,914
|
12,317
|
| General and administrative |
18,212
|
15,571
|
| Total operating expenses |
52,126
|
27,888
|
| Loss from operations |
(49,211)
|
(26,447)
|
| OTHER INCOME, NET: |
|
|
| Interest income, net |
2
|
1,039
|
| Gain on sale of marketable securities |
6,024
|
4,560
|
| Unrealized loss on marketable equity securities |
(2,299)
|
(3,782)
|
| Gain on extinguishment of debt |
523
|
|
| Unrealized gain (loss) on warrant liability |
205
|
(174)
|
| Other income, net |
1,486
|
2,880
|
| Total other income, net |
5,941
|
4,523
|
| LOSS BEFORE INCOME TAXES |
(43,270)
|
(21,924)
|
| Income tax benefit |
|
1,239
|
| NET LOSS |
(43,270)
|
(20,685)
|
| Net loss attributable to noncontrolling interest |
251
|
36
|
| NET LOSS ATTRIBUTABLE TO LINEAGE |
$ (43,019)
|
$ (20,649)
|
| NET LOSS PER COMMON SHARE: |
|
|
| BASIC AND DILUTED |
$ (0.26)
|
$ (0.14)
|
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING: |
|
|
| BASIC AND DILUTED |
164,502
|
150,044
|