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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating expenses:        
Research and development $ 14,915 $ 11,503 $ 44,099 $ 61,549
General and administrative 2,940 3,330 9,833 10,672
Total operating expenses 17,855 14,833 53,932 72,221
Loss from operations (17,855) (14,833) (53,932) (72,221)
Interest income 894 1,084 2,534 3,089
Australian research and development incentives (499) 554   1,124
Foreign currency loss (8) (501) (18) (953)
Change in fair value of Series X preferred stock warrant liability       12
Loss before income taxes (17,468) (13,696) (51,416) (68,949)
Provision for income taxes (708)   (708)  
Net loss (18,176) (13,696) (52,124) (68,949)
Dividend attributable to down round feature of warrants     (234)  
Net loss attributable to common stockholders $ (18,176) $ (13,696) $ (52,358) $ (68,949)
Net loss per share        
Basic (in dollars per share) $ (0.44) $ (0.51) $ (1.44) $ (3.78)
Diluted (in dollars per share) $ (0.44) $ (0.51) $ (1.44) $ (3.78)
Weighted average common shares outstanding        
Basic (in shares) 41,209,639 26,987,182 36,307,890 18,240,455
Diluted (in shares) 41,209,639 26,987,182 36,307,890 18,240,455