CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2019 |
Jun. 30, 2018 |
Jun. 30, 2019 |
Jun. 30, 2018 |
|
| Operating expenses: | ||||
| Research and development | $ 27,518 | $ 11,361 | $ 48,389 | $ 20,867 |
| General and administrative | 13,767 | 9,023 | 27,302 | 14,120 |
| Total operating expenses | 41,285 | 20,384 | 75,691 | 34,987 |
| Loss from operations | (41,285) | (20,384) | (75,691) | (34,987) |
| Other income (expense): | ||||
| Change in fair value of preferred stock warrant liability | (1,718) | (1,761) | ||
| Interest expense | (539) | (89) | (1,122) | (172) |
| Interest income and other income, net | 2,434 | 952 | 4,842 | 1,270 |
| Total other income (expense), net | 1,895 | (855) | 3,720 | (663) |
| Net loss | $ (39,390) | $ (21,239) | $ (71,971) | $ (35,650) |
| Net loss per share, basic and diluted | $ (0.50) | $ (2.43) | $ (0.92) | $ (4.17) |
| Weighted average common shares outstanding, basic and diluted | 78,396,714 | 8,727,392 | 77,972,757 | 8,542,362 |
| Comprehensive loss: | ||||
| Net loss | $ (39,390) | $ (21,239) | $ (71,971) | $ (35,650) |
| Other comprehensive income (loss): | ||||
| Unrealized gains (losses) on investments, net of tax of $0 | 209 | 18 | 319 | (27) |
| Comprehensive loss | $ (39,181) | $ (21,221) | $ (71,652) | $ (35,677) |