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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating expenses:        
Research and development $ 1,317 $ 314 $ 2,276 $ 1,006
In-process research and development 0 30,117 0 30,117
General and administrative 2,255 2,427 5,184 3,688
Total operating expenses 3,572 32,858 7,460 34,811
Loss from operations (3,572) (32,858) (7,460) (34,811)
Other income (expense):        
Gain on forgiveness of PPP loan 0 0 0 279
Loss on issuance of secured debt 0 0 0 (686)
Gain on change in fair value of warrant liability 1,225 5,133 2,018 5,175
Gain on change in fair value of share liability 0 73 0 73
Interest expense (5) (655) (6) (2,367)
Other income 8 16 9 16
Loss on issuance of LBS Series 1 Preferred Stock 0 (1,881) 0 (1,881)
Loss on issuance of warrants 0 (1,574) (1,110) (1,574)
Total other income (expense) 1,228 1,112 911 (965)
Net loss $ (2,344) $ (31,746) $ (6,549) $ (35,776)
Loss per share:        
Basic net loss per common share $ (0.12) $ (3.59) $ (0.36) $ (6.17)
Diluted net loss per common share $ (0.12) $ (4.10) $ (0.36) $ (6.96)
Weighted average shares used in computing loss per share:        
Weighted average shares used in calculating basic loss per share 20,294,652 8,831,517 18,281,788 5,803,010
Weighted-average shares outstanding 20,294,652 8,984,198 18,281,788 5,879,351
Net loss attributable to common shares - basic $ (2,344) $ (31,746) $ (6,549) $ (35,776)
Net loss attributable to common shares - diluted $ (2,344) $ (36,865) $ (6,549) $ (40,895)