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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Collaboration revenue $ 0 $ 0 $ 0 $ 43,000
Total revenues 0 0 0 43,000
Operating expenses        
Research and development 6,281,000 1,478,000 28,006,000 4,760,000
In-process research and development 0 7,000,000 0 7,000,000
General and administrative 4,508,000 1,704,000 15,450,000 5,760,000
Total operating expenses 10,789,000 10,182,000 43,456,000 17,520,000
Loss from operations (10,789,000) (10,182,000) (43,456,000) (17,477,000)
Other income (expense)        
Interest income 5,000 0 15,000 0
Interest expense (19,000) (292,000) (59,000) (555,000)
Other income (expense) (4,000) 0 (336,000) 0
Total other income (expense) (18,000) (292,000) (380,000) (555,000)
Loss before income taxes (10,807,000) (10,474,000) (43,836,000) (18,032,000)
Income tax benefit (52,000) 0 (52,000) 0
Net loss and comprehensive loss (10,755,000) (10,474,000) (43,784,000) (18,032,000)
Net loss (10,755,000) (10,474,000) (43,784,000) (18,032,000)
Deemed dividend related to Warrant Exchange 0 0 0 (12,546,000)
Net loss to common stockholders $ (10,755,000) $ (10,474,000) $ (43,784,000) $ (30,578,000)
Shares used in calculating net loss per common share - basic (in shares) 198,790,980 141,591,218 193,599,525 92,764,157
Shares used in calculating net loss per common share - diluted (in shares) 198,790,980 141,591,218 193,599,525 92,764,157
Net loss per share of common stock - basic (in USD per share) $ (0.05) $ (0.07) $ (0.23) $ (0.33)
Net loss per share of common stock - diluted (in USD per share) $ (0.05) $ (0.07) $ (0.23) $ (0.33)