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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Total revenue $ 1,136 $ 3,699 $ 3,291 $ 4,627
Operating expenses        
Research and development 8,108 7,048 23,836 31,794
General and administrative 6,280 9,082 20,372 26,839
Total operating expenses 14,388 16,130 44,208 58,633
Loss from operations (13,252) (12,431) (40,917) (54,006)
Other income (expense), net 282 714 743 1,898
Net loss (12,970) (11,717) (40,174) (52,108)
Other comprehensive income (loss)        
Foreign currency translation adjustment (5) 5 3 2
Unrealized gain (loss) on marketable securities 0 0 0 (1)
Comprehensive loss (12,975) (11,712) (40,171) (52,107)
Common Stock        
Other comprehensive income (loss)        
Net loss attributable to shareholders - basic (12,970) (11,717) (40,128) (52,108)
Net loss attributable to shareholders - diluted $ (12,970) $ (11,717) $ (40,128) $ (52,108)
Weighted shares used in calculating net loss per share - basic (in shares) 278,171,593 256,492,558 264,303,494 240,222,667
Weighted shares used in calculating net loss per share - diluted (in shares) 278,171,593 256,492,558 264,303,494 240,222,667
Net loss per share attributable to shareholders - basic (in USD per share) $ (0.05) $ (0.05) $ (0.15) $ (0.22)
Net loss per share attributable to shareholders - diluted (in USD per share) $ (0.05) $ (0.05) $ (0.15) $ (0.22)
Series B Convertible Preferred Stock        
Other comprehensive income (loss)        
Net loss attributable to shareholders - basic $ 0 $ 0 $ (46) $ 0
Net loss attributable to shareholders - diluted $ 0 $ 0 $ (46) $ 0
Weighted shares used in calculating net loss per share - basic (in shares) 0 0 54,745 0
Weighted shares used in calculating net loss per share - diluted (in shares) 0 0 54,745 0
Net loss per share attributable to shareholders - basic (in USD per share) $ 0 $ 0 $ (0.84) $ 0
Net loss per share attributable to shareholders - diluted (in USD per share) $ 0 $ 0 $ (0.84) $ 0
Collaborative Arrangements        
Total revenue $ 1,136 $ 3,699 $ 3,291 $ 4,627
Operating expenses        
Research and development     $ 900 $ 3,500