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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
License revenue - related party $ 924 $ 1,173 $ 2,369 $ 5,242
Operating expenses:        
Research and development 7,960 7,218 24,060 19,548
General and administrative 8,723 2,209 13,527 4,706
Total operating expenses 16,683 9,427 37,587 24,254
Loss from operations (15,759) (8,254) (35,218) (19,012)
Other income/(expense):        
Interest income 1,027 416 2,320 505
(Loss)/gain on currency exchange, net (16) 56 (53) 156
Other expense (15) (2) (41) (9)
Total other income 996 470 2,226 652
Net loss $ (14,763) $ (7,784) $ (32,992) $ (18,360)
Net loss per share attributable to common stockholders, basic $ (3.78) $ (8.9) $ (17.4) $ (21)
Net loss per share attributable to common stockholders, diluted $ (3.78) $ (8.9) $ (17.4) $ (21)
Weighted-average number of common shares outstanding, used in computing net loss per common share, basic 3,906,886 874,327 1,896,605 874,138
Weighted-average number of common shares outstanding, used in computing net loss per common share, diluted 3,906,886 874,327 1,896,605 874,138
Comprehensive loss:        
Net loss $ (14,763) $ (7,784) $ (32,992) $ (18,360)
Other comprehensive income/(loss):        
Change in unrealized losses related to available-for-sale debt securities 15 (150) 157 (150)
Total other comprehensive income/(loss) 15 (150) 157 (150)
Total comprehensive loss $ (14,748) $ (7,934) $ (32,835) $ (18,510)