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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating expenses:    
Research and development $ 3,702 $ 3,230
General and administrative 4,971 3,826
Intangible asset impairment charge 0 5,900
Fair value adjustment for contingent consideration 2,545 0
Total operating expenses 11,218 12,956
Loss from operations (11,218) (12,956)
Fair value adjustment for long-term debt (388) 0
Interest income 887 700
Other expense, net (399) (246)
Net loss before income tax benefit (11,118) (12,502)
Income tax (expense) benefit (31) 248
Net loss (11,149) (12,254)
Other comprehensive loss:    
Foreign currency translation adjustments (1,229) 92
Unrealized gain on available-for-sale securities 7 235
Total comprehensive loss $ (12,371) $ (11,927)
Net loss per share - basic $ (0.26) $ (0.34)
Net loss per share - diluted $ (0.26) $ (0.34)
Weighted average shares of common stock outstanding - basic 43,010,212 35,855,200
Weighted average shares of common stock outstanding - diluted 43,010,212 35,855,200