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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating expenses:        
Research and development $ 19,081 $ 14,110 $ 56,745 $ 42,044
Selling, general and administrative 8,133 6,044 25,578 20,457
Gain (Loss) on Disposition of Assets 0 0 0 (509)
Total operating expenses 27,214 20,154 82,323 61,992
Loss from operations (27,214) (20,154) (82,323) (61,992)
Other income (expense), net:        
Interest income 1,388 14 3,137 21
Interest expense (1,634) (1,018) (3,891) (2,849)
Other income (expense), net 17 (441) 342 (440)
Total other income (expense), net 24,935 (1,445) 331 (2,757)
Loss before provision for income taxes (2,279) (21,599) (81,992) (64,749)
Provision for income taxes 26 (13) 45 14
Net loss and comprehensive loss (2,305) (21,586) (82,037) (64,763)
Deemed dividend on Class B Warrant price reset 0 (287) 0 (2,546)
Net loss attributable to common stockholders $ (2,305) $ (21,873) $ (82,037) $ (67,309)
Net loss per share attributable to common stockholders—basic $ (0.01) $ (0.26) $ (0.48) $ (1.32)
Net loss per share attributable to common stockholders—diluted $ (0.01) $ (0.26) $ (0.48) $ (1.32)
Weighted average shares of common stock outstanding—diluted 196,988,000 83,211,000 170,751,000 50,976,000
Weighted average shares of common stock outstanding—basic 196,988,000 83,211,000 170,751,000 50,976,000
Embedded derivative liability        
Other income (expense), net:        
Derivative, gain (loss) on derivative, net $ 0 $ 0 $ 0 $ 511
Warrant Liability        
Other income (expense), net:        
Derivative, gain (loss) on derivative, net $ 25,164 $ 0 $ 743 $ 0