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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Revenues $ 5,000 $ 0 $ 5,700 $ 0
Operating expenses        
Research and development 6,348 8,140 19,531 30,346
General and administrative 1,681 4,163 5,458 12,095
Total operating expenses 8,029 12,303 24,989 42,441
(Gain) loss on dispositions, net 14 0 478 (3,761)
Loss from operations (3,043) (12,303) (19,767) (38,680)
Other income (expense):        
Interest income 6 10 24 392
Interest expense 0 (725) (4) (2,473)
Change in fair value of warrant and private placement option liabilities 4,264 12,131 7,506 14,256
Other income 6 0 5 0
Total other income (expense) 4,276 11,416 7,531 12,175
Net income (loss) 1,233 (887) (12,236) (26,505)
Less: undistributed earnings to participating securities (469) 0 0 0
Net income (loss) attributable to common shareholders $ 764 $ (887) $ (12,236) $ (26,505)
Net income (loss) per common share attributable to common shareholders, basic (in dollars per share) $ 0.08 $ (0.18) $ (1.21) $ (5.25)
Net income (loss) per common share attributable to common shareholders, diluted (in dollars per shares) $ 0.07 $ (0.18) $ (1.21) $ (5.25)
Weighted-average shares outstanding, basic (in shares) 10,108,388 5,059,779 10,086,246 5,050,603
Weighted-average shares outstanding, diluted (in shares) 10,194,668 5,059,779 10,086,246 5,050,603
Other comprehensive loss:        
Foreign currency translation adjustment $ (9) $ 36 $ (9) $ (26)
Net comprehensive income (loss) 1,224 (851) (12,245) (26,531)
Supply agreement        
Revenues        
Revenues 0 0 700 0
License revenue        
Revenues        
Revenues $ 5,000 $ 0 $ 5,000 $ 0