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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Net revenues:    
Total revenues $ 22,771,000 $ 17,975,000
Cost of revenues (excluding amortization of acquired intangible assets)    
Research and development 30,465,000 78,363,000
Selling, general and administrative 50,576,000 66,021,000
Change in fair value of contingent consideration liability (104,339,000) (126,277,000)
Goodwill impairment 112,347,000 3,610,000
IPR&D impairment 107,800,000 0
Amortization of acquired intangible assets 2,193,000 2,193,000
Total operating expenses 215,058,000 43,575,000
Loss from operations (192,287,000) (25,600,000)
Other income (expense):    
Interest income 320,000 365,000
Interest expense (3,015,000)
Change in fair value of warrant liabilities 6,164,000 42,109,000
Change in fair value of debt (1,177,000) (2,522,000)
Other income (expense), net (6,290,000) (147,000)
Total other income (3,998,000) 39,805,000
Net (loss) income before income taxes (196,285,000) 14,205,000
Income tax expense 10,000 13,000
Net (loss) income (196,295,000) 14,192,000
Change in fair value of debt due to change in credit risk, net of tax 146,000 9,000
Other comprehensive income 146,000 9,000
Comprehensive (loss) income $ (196,149,000) $ 14,201,000
Net (loss) income per share - basic $ (11.02) $ 1.01
Weighted average shares outstanding - basic 17,813,044 13,990,703
Net (loss) income per share - diluted $ (11.02) $ 0.95
Weighted average shares outstanding - diluted 17,813,044 14,983,002
Product sales    
Net revenues:    
Total revenues $ 13,149,000 $ 3,749,000
Cost of revenues (excluding amortization of acquired intangible assets)    
Cost of revenues 8,628,000 2,353,000
Services    
Net revenues:    
Total revenues 5,441,000 5,512,000
Cost of revenues (excluding amortization of acquired intangible assets)    
Cost of revenues 1,650,000 3,536,000
License, Royalty and Other    
Net revenues:    
Total revenues 4,181,000 8,714,000
Cost of revenues (excluding amortization of acquired intangible assets)    
Cost of revenues $ 5,738,000 $ 13,776,000