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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Total revenue $ 4,055 $ 6,036
Operating expenses    
Research and development 32,126 39,573
General and administrative 26,686 31,994
Total operating expenses 58,812 71,567
Loss from operations (54,757) (65,531)
Other income (expense), net 703 2,453
Net loss (54,054) (63,078)
Other comprehensive income (loss)    
Foreign currency translation adjustment 28 (5)
Unrealized gain (loss) on marketable securities 0 (1)
Comprehensive loss (54,026) (63,084)
Common Stock    
Other comprehensive income (loss)    
Net loss attributable to shareholders - basic (54,010) (63,078)
Net loss attributable to shareholders - diluted $ (54,010) $ (63,078)
Weighted shares used in calculating net loss per share - basic (in shares) 270,995,121 244,327,057
Weighted shares used in calculating net loss per share - diluted (in shares) 270,995,121 244,327,057
Net loss per share attributable to shareholders - basic (in USD per share) $ (0.20) $ (0.26)
Net loss per share attributable to shareholders - diluted (in USD per share) $ (0.20) $ (0.26)
Series B Convertible Preferred Stock    
Other comprehensive income (loss)    
Net loss attributable to shareholders - basic $ (44) $ 0
Net loss attributable to shareholders - diluted $ (44) $ 0
Weighted shares used in calculating net loss per share - basic (in shares) 54,745 0
Weighted shares used in calculating net loss per share - diluted (in shares) 54,745 0
Net loss per share attributable to shareholders - basic (in USD per share) $ (0.80) $ 0
Net loss per share attributable to shareholders - diluted (in USD per share) $ (0.80) $ 0
Collaborative arrangement revenue    
Total revenue $ 4,055 $ 6,036
Operating expenses    
Research and development $ 1,900 $ 5,300