XML 10 R4.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Grant revenue $ 2,387 $ 4,180 $ 3,150 $ 9,243
Collaboration revenue - related party 11,802 5,903 16,901 9,967
Collaboration revenue $ 0 $ 114 $ 12 $ 254
Type of Revenue [Extensible List] us-gaap:LicenseMember us-gaap:LicenseMember us-gaap:LicenseMember us-gaap:LicenseMember
Total revenues $ 14,189 $ 10,197 $ 20,063 $ 19,464
Operating expenses:        
Research and development 10,672 23,725 24,278 41,057
General and administrative 5,878 5,533 12,702 11,450
Restructuring 83 0 258 0
Total operating expenses 16,633 29,258 37,238 52,507
Loss from operations (2,444) (19,061) (17,175) (33,043)
Other income (expense):        
Interest income 740 1,198 1,604 2,525
Other income (expense), net 4 1 5 (13)
Total other income, net 744 1,199 1,609 2,512
Net loss and comprehensive loss $ (1,700) $ (17,862) $ (15,566) $ (30,531)
Net loss per share attributable to common stockholders, basic $ (0.03) $ (0.33) $ (0.28) $ (0.57)
Net loss per share attributable to common stockholders, diluted $ (0.03) $ (0.33) $ (0.28) $ (0.57)
Weighted average common shares outstanding, basic 56,026,767 53,957,766 55,703,275 53,740,901
Weighted average common shares outstanding, diluted 56,026,767 53,957,766 55,703,275 53,740,901