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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating expenses:    
Research and development $ 617 $ 2,726
General and administrative 1,403 3,680
Total operating expenses 2,020 6,406
Loss from operations (2,020) (6,406)
Other (expense) income:    
Gain on sale of assets 500 0
Interest income 0 48
Interest Expense (55) (42)
Change in fair value of rights from Private Placement 0 (3,832)
Other income (expense), net 0 (17)
Total other (expense) income, net 445 (3,843)
Net loss (1,575) (10,249)
Net income (loss) attributable to noncontrolling interest 101 (11)
Net loss attributable to Kineta, Inc. $ (1,676) $ (10,238)
Net loss per share, basic $ (0.13) $ (0.87)
Net loss per share, diluted $ (0.13) $ (0.87)
Weighted-average shares outstanding, basic [1] 12,902 11,738
Weighted-average shares outstanding, diluted [1] 12,902 11,738
[1] Included in the denominator were 331,000 weighted-average shares of common stock warrants for the three months ended March 31, 2025, with a range of exercise prices of $.001 to $0.14. Included in the denominator were 663,000 weighted-average shares of common stock warrants for the three months ended March 31, 2024, with an exercise price of $0.14.