XML 43 R4.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenues:    
Revenue $ 0 $ 5,442
Operating expenses:    
Research and development 5,387 9,023
General and administrative 8,145 12,142
Total operating expenses 13,532 21,165
Loss from operations (13,532) (15,723)
Other (expense) income :    
Interest income 111 325
Interest expense 138 (337)
Change in fair value of rights from Private Placement (3,832) 1,582
Change in fair value measurement of notes payable (9) (22)
Other (expense) income, net (13) 99
Total other (expense) income, net (3,605) 1,647
Net loss (17,137) (14,076)
Net (loss) income attributable to noncontrolling interest (5) 23
Net loss attributable to Kineta, Inc. $ (17,132) $ (14,099)
Net loss per share, basic $ (1.42) $ (1.28)
Net loss per share, diluted $ (1.42) $ (1.28)
Weighted-average shares outstanding, basic [1] 12,100 11,054
Weighted-average shares outstanding, diluted [1] 12,100 11,054
license and collaboration    
Revenues:    
Revenue $ 0 $ 5,000
Collaboration revenue [Member]    
Revenues:    
Revenue $ 0 $ 442
[1] Included in the denominator for the years ended December 31, 2024 and 2023, were 286,000 and 628,000 weighted-average shares of common stock warrants, respectively, with exercise prices of $0.001 and $0.14 issued for nominal consideration.