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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating expenses (income):        
Research and development $ 415,000 $ 803,000 $ 1,321,000 $ 12,377,000
General and administrative 2,408,000 4,363,000 8,603,000 13,201,000
GNI cost-sharing reimbursement (1,200,000)   (1,200,000)  
Gain on disposal of assets, net     (4,736,000) (57,245,000)
Total operating expenses (income) 1,623,000 5,166,000 3,988,000 (30,869,000)
Income (loss) from operations (1,623,000) (5,166,000) (3,988,000) 31,663,000
Interest and other income, net 47,000 282,000 216,000 549,000
Income (loss) before income taxes (1,576,000) (4,884,000) (3,772,000) 32,212,000
Income tax expenses 0 0 16,000 0
Net income (loss) and comprehensive income (loss) $ (1,576,000) $ (4,884,000) $ (3,788,000) $ 32,212,000
Net income (loss) per share attributable to common stockholders, basic $ (0.04) $ (0.16) $ (0.1) $ 1.02
Net income (loss) per share attributable to common stockholders, diluted $ (0.04) $ (0.16) $ (0.1) $ 1.02
Shares used to compute net income (loss) per share attributable to common stockholders, basic 37,976,764 31,484,542 37,845,900 31,472,666
Shares used to compute net income (loss) per share attributable to common stockholders, diluted 37,976,764 31,484,542 37,845,900 31,605,834
Cash dividends paid per common share   $ 1.43 $ 0.24 $ 1.43
Contingent Value Rights Agreement        
Operating expenses (income):        
Cash dividends paid per common share $ 0.05   $ 0.17  
Collaboration        
Revenue:        
License and collaboration revenue       $ 794,000
Cost of collaboration        
Operating expenses (income):        
Cost of license and collaboration       $ 798,000