v3.23.2

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Operating expenses:
Research and development	$ 43,574	$ 47,298	$ 114,507	$ 100,726
General and administrative	21,476	31,792	48,753	64,055
Restructuring	26,786		30,374
Total operating expenses	91,836	79,090	193,634	164,781
Loss from operations	(91,836)	(79,090)	(193,634)	(164,781)
Other income (expense):
Change in fair value of contingent earn-out liability	2,737	(8,205)	4,666	93,569
Change in fair value of warrant liabilities	83	1,184	1,971	5,131
Interest income, net	16,068	4,091	31,510	4,273
Other expense, net	(8)	(526)	(20)	(12)
Total other income (loss), net	18,880	(3,456)	38,127	102,961
Net loss	(72,956)	(82,546)	(155,507)	(61,820)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	6	9	11	16
Unrealized holding gains (losses) on short-term investments	44	(2,042)	271	(2,042)
Comprehensive loss, net of tax	(72,906)	(84,579)	(155,225)	(63,846)
Net loss attributable to common stockholders - basic	(72,956)	(82,546)	(155,507)	(61,820)
Net loss attributable to common stockholders - diluted	$ (72,956)	$ (82,546)	$ (155,507)	$ (61,820)
Net income (loss) per share - basic (in dollars per share)	$ (0.15)	$ (0.17)	$ (0.32)	$ (0.13)
Net income (loss) per share - diluted (in dollars per share)	$ (0.15)	$ (0.17)	$ (0.32)	$ (0.13)
Weighted average common shares outstanding - basic (in shares)	482,119,498	473,058,458	481,070,872	471,849,487
Weighted average common shares outstanding - diluted (in shares)	482,119,498	473,058,458	481,070,872	471,849,487

Amount of expense (income) related to adjustment to fair value of contingent earn out liability.

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