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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Total revenue $ 1,141 $ 485 $ 2,155 $ 928
Operating expenses        
Research and development 8,902 14,574 15,728 24,746
General and administrative 7,688 9,451 14,092 17,757
Total operating expenses 16,590 24,025 29,820 42,503
Loss from operations (15,449) (23,540) (27,665) (41,575)
Other income (expense), net 169 475 461 1,184
Net loss (15,280) (23,065) (27,204) (40,391)
Other comprehensive income (loss)        
Foreign currency translation adjustment 3 (2) 8 (3)
Unrealized gain (loss) on marketable securities 0 (1) 0 (1)
Comprehensive loss (15,277) (23,068) (27,196) (40,395)
Net loss — basic and diluted (15,280) (23,065) (27,204) (40,391)
Redeemed Series B convertible preferred stock 4,988 0 4,988 0
Net loss available to common shareholders— basic (10,292) (23,065) (22,216) (40,391)
Net loss available to common shareholders— diluted $ (10,292) $ (23,065) $ (22,216) $ (40,391)
Shares used in calculating net loss per common share - basic (in shares) 257,353,857 238,311,498 257,293,247 231,952,888
Shares used in calculating net loss per common share - diluted (in shares) 257,353,857 238,311,498 257,293,247 231,952,888
Net loss per share available to common shareholders — basic (in USD per share) $ (0.04) $ (0.10) $ (0.09) $ (0.17)
Net loss per share available to common shareholders — diluted (in USD per share) $ (0.04) $ (0.10) $ (0.09) $ (0.17)
Collaborative Arrangements        
Total revenue $ 1,141 $ 485 $ 2,155 $ 928
Operating expenses        
Research and development     $ 400 $ 2,300