Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.22.4
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Collaboration revenue $ 68 $ 82 $ 0
Operating expenses:      
Research and development 677 697 179
Selling, general and administrative 129 116 39
Goodwill impairment 1,114 0 0
Total operating expenses 1,920 813 218
Loss from operations (1,852) (731) (218)
Other income (expense):      
Change in fair value of derivative liabilities 114 (20) 0
Other income (expense), net 15 (9) 4
Loss before income taxes (1,723) (760) (214)
Income tax benefit 0 (5) 0
Net loss $ (1,723) $ (755) $ (214)
Basic net loss per share (in usd per share) $ (1.51) $ (1.22) $ (0.79)
Diluted net loss per share (in usd per share) $ (1.51) $ (1.22) $ (0.79)
Basic weighted-average shares outstanding (in shares) 1,143 621 271
Diluted weighted-average shares outstanding (in shares) 1,143 621 271