Nature of the business (Tables)

11 Months Ended

Dec. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of immaterial correction of an error

The effect of the immaterial correction of an error in our previously issued consolidated financial statements as of and for the eleven months ended December 31, 2019 is as follows:

Balance Sheet

	As of December 31, 2019
	Previously Reported		Adjustments		As Revised
	(in thousands)
Research and development tax credit receivable	$	4,824	$	260	$	5,084
Total current assets	$	79,368	$	260	$	79,628
Total assets	$	96,419	$	260	$	96,679
Deferred revenue and income	$	1,497	$	1,118	$	2,615
Total current liabilities	$	12,649	$	1,118	$	13,767
Total liabilities	$	18,324	$	1,118	$	19,442
Accumulated deficit	$	(159,061)	$	(858)	$	(159,919)
Total stockholders’ equity	$	78,095	$	(858)	$	77,237
Total liabilities and stockholders’ equity	$	96,419	$	260	$	96,679

Statement of Operations

	Eleven Months ended December 31, 2019
	Previously Reported		Adjustments		As Revised
	(in thousands)
Other operating income	$	23,730	$	(858)	$	22,872
Operating loss	$	(27,947)	$	(858)	$	(28,805)
Net loss	$	(28,122)	$	(858)	$	(28,980)
Basic earnings (loss) per share	$	(0.86)	$	(0.02)	$	(0.88)
Diluted earnings (loss) per share	$	(0.86)	$	(0.02)	$	(0.88)