XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating expenses:    
Research and development $ 7,466,000 $ 6,020,000
General and administrative 6,553,000 4,883,000
Total operating expenses 14,019,000 10,903,000
Loss from operations (14,019,000) (10,903,000)
Other income:    
Interest income 63,000 33,000
Total other income, net 63,000 33,000
Net loss before provision for income taxes (13,956,000) (10,870,000)
Provision for income taxes (60,000) 0
Net loss (14,016,000) (10,870,000)
Cumulative dividends on convertible preferred stock   (2,309,000)
Net loss attributable to common stockholders $ (14,016,000) $ (13,179,000)
Net loss per share attributable to common stockholders, basic and diluted $ (0.56) $ (1.09)
Weighted average shares of common stock outstanding, basic and diluted 24,955,165 12,105,464
Comprehensive loss:    
Net loss $ (14,016,000) $ (10,870,000)
Other comprehensive loss:    
Unrealized loss on available-for-sale securities, net of tax of $0 (395,000) (20,000)
Total other comprehensive loss (395,000) (20,000)
Comprehensive loss $ (14,411,000) $ (10,890,000)