XML 11 R4.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Collaboration arrangement revenue $ 0 $ 1,859 $ 0 $ 8,011
Operating expenses:        
Research and development 14,346 7,463 37,598 23,390
General and administrative 4,468 2,194 13,978 7,067
Total operating expenses 18,814 9,657 51,576 30,457
Loss from operations (18,814) (7,798) (51,576) (22,446)
Change in fair value of convertible notes 0 (6,252) 15,890 (4,992)
Other income (expense), net 1,219 84 3,767 827
Total other income (expense), net 1,219 (6,168) 19,657 (4,165)
Loss before provision for income taxes (17,595) (13,966) (31,919) (26,611)
Provision for income taxes 0 (65) 0 (65)
Loss on impairment of equity investment 0 0 (1,625) 0
Net loss $ (17,595) $ (14,031) $ (33,544) $ (26,676)
Net loss per share - basic $ (1.46) $ (40.52) $ (4.01) $ (76.81)
Net loss per share - diluted $ (1.46) $ (40.52) $ (5.6) $ (76.81)
Weighted-average common shares - basic 12,076,412 346,288 8,360,652 347,292
Weighted-average common shares - diluted 12,076,412 346,288 8,810,555 347,292