XML 11 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net revenues        
Total net revenues $ 9,296 $ 3,786 $ 36,088 $ 10,659
Cost of revenues (excluding amortization of acquired intangible assets)        
Cost of revenues 3,883 3,602 7,646 6,407
Research and development 3,915 5,182 13,558 30,737
Software cease-use costs 0 243 0 24,161
Selling, general and administrative 12,650 10,748 42,585 37,508
Change in fair value of contingent consideration liability 0 0 0 (104,339)
Goodwill impairment 0 82,714 0 112,347
IPR&D impairment 0 0 0 107,800
Amortization of acquired intangible assets 375 553 1,377 1,640
Total operating expenses 20,823 103,042 65,166 216,261
Loss from operations (11,527) (99,256) (29,078) (205,602)
Other income (expense):        
Interest income 77 23 254 205
Interest expense (1,752) (971) (4,452) (2,352)
Change in fair value of warrant liabilities 714 5,187 (1,156) 6,788
Change in fair value of debt (708) 2,003 (694) (354)
Loss on debt extinguishment 0 0 (3,908) 0
Other expense, net (2,902) (862) (5,565) (4,527)
Total other income (expense) (4,571) 5,380 (15,521) (240)
Loss before income taxes (16,098) (93,876) (44,599) (205,842)
Income tax expense (benefit) 0 0 0 0
Net loss (16,098) (93,876) (44,599) (205,842)
Change in fair value of debt due to change in credit risk, net of tax (2) 0 (2) 2,541
Other comprehensive (loss) income (2) 0 (2) 2,541
Comprehensive loss $ (16,100) $ (93,876) $ (44,601) $ (203,301)
Net loss per share - basic $ (0.73) $ (4.98) $ (2.05) $ (11.86)
Net loss per share - diluted $ (0.73) $ (4.98) $ (2.05) $ (11.86)
Weighted average shares outstanding - basic 21,976,339 18,831,713 21,756,498 17,353,605
Weighted average shares outstanding - diluted 21,976,339 18,831,713 21,756,498 17,353,605
Product Sales, net        
Net revenues        
Total net revenues $ 3,393 $ 1,684 $ 26,199 $ 3,633
Cost of revenues (excluding amortization of acquired intangible assets)        
Cost of revenues 547 557 2,888 1,486
Services        
Net revenues        
Total net revenues 1,292 1,427 3,857 4,062
Cost of revenues (excluding amortization of acquired intangible assets)        
Cost of revenues 238 398 952 1,355
License, Royalty and Other        
Net revenues        
Total net revenues 4,611 675 6,032 2,964
Cost of revenues (excluding amortization of acquired intangible assets)        
Cost of revenues $ 3,098 $ 2,647 $ 3,806 $ 3,566