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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Licensing revenue $ 0 $ 0 $ 850 $ 0
Research and development 8,612 8,831 29,304 25,694
General and administrative 3,627 3,095 11,597 9,276
Total operating expenses 12,239 11,926 40,901 34,970
Loss from operations (12,239) (11,926) (40,051) (34,970)
Other income 1,758 1,962 5,709 5,891
Net loss (10,481) (9,964) (34,342) (29,079)
Unrealized gain (loss) on marketable securities 577 77 449 (128)
Comprehensive loss $ (9,904) $ (9,887) $ (33,893) $ (29,207)
Net loss per share - basic and diluted (in dollars per share) $ (0.08) $ (0.08) $ (0.25) $ (0.23)
Basic and diluted weighted average shares outstanding (in shares) 137,589 127,424 137,263 126,837
Net loss $ (10,481) $ (9,964) $ (34,342) $ (29,079)
Unrealized gain (loss) on marketable securities 577 77 449 (128)
Comprehensive loss $ (9,904) $ (9,887) $ (33,893) $ (29,207)