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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues $ 0 $ 0 $ 0 $ 0
Operating expenses:        
Research and development 4,932 3,280 13,274 12,855
General and administrative 2,172 2,635 6,629 7,765
Depreciation and amortization 31 32 95 92
Total operating expenses 7,135 5,947 19,998 20,712
Loss from operations (7,135) (5,947) (19,998) (20,712)
Other income (loss):        
(Loss) gain from change in fair value of warrant liability (1,728) 1 1,423 76
Transaction costs allocated to warrant liabilities (993) 0 (993) 0
Loss on issuance of warrant liabilities (847) 0 (847) 0
Other income, net 9 13 31 30
Interest income, net 102 324 503 1,106
Net loss $ (10,592) $ (5,609) $ (19,881) $ (19,500)
Net loss per common share - basic and diluted (in dollars per share) $ (2.85) $ (2.82) $ (6.83) $ (9.94)
Weighted average common shares outstanding, basic and diluted (in shares) 3,714,278 1,987,283 2,910,842 1,961,327
Net loss $ (10,592) $ (5,609) $ (19,881) $ (19,500)
Other comprehensive income (loss):        
Foreign currency translation 14 (10) 13 (15)
Comprehensive loss $ (10,578) $ (5,619) $ (19,868) $ (19,515)