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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Licensing revenue $ 850 $ 0 $ 850 $ 0
Research and development 11,174 10,223 20,695 16,862
General and administrative 4,721 3,114 7,969 6,183
Total operating expenses 15,895 13,337 28,664 23,045
Loss from operations (15,045) (13,337) (27,814) (23,045)
Other income 1,969 2,059 3,951 3,930
Loss before income tax expense (13,076) (11,278) (23,863) (19,115)
Income tax expense 0 0 0 0
Net loss $ (13,076) $ (11,278) $ (23,863) $ (19,115)
Net loss per share - basic and diluted (in dollars per share) $ (0.1) $ (0.09) $ (0.17) $ (0.15)
Basic and diluted weighted average shares outstanding (in shares) 137,589 126,729 137,098 126,539
Other comprehensive loss:        
Net loss $ (13,076) $ (11,278) $ (23,863) $ (19,115)
Unrealized loss on marketable securities (1) (361) (128) (205)
Comprehensive loss $ (13,077) $ (11,639) $ (23,991) $ (19,320)