XML 20 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenues    
Total net revenues $ 54,220 $ 22,771
Cost of revenues (excluding amortization of acquired intangible assets)    
Cost of revenues 14,989 16,016
Research and development 17,386 30,465
Selling, general and administrative 58,643 50,576
Change in fair value of contingent consideration liability (193) (104,339)
Goodwill impairment 112,347
IPR&D impairment 107,800
Amortization of acquired intangible assets 1,753 2,193
Total operating expenses 92,578 215,058
Loss from operations (38,358) (192,287)
Other income (expense):    
Interest income 331 320
Interest expense (6,264) (3,015)
Change in fair value of warrant liabilities 398 6,164
Change in fair value of debt (492) (1,177)
Loss on debt extinguishment (3,908)
Other expense, net (9,599) (6,290)
Total other expense (19,534) (3,998)
Loss before income taxes (57,892) (196,285)
Income tax expense 10
Net loss (57,892) (196,295)
Change in fair value of debt due to change in credit risk, net of tax (5) 146
Other comprehensive (loss) income (5) 146
Comprehensive loss $ (57,897) $ (196,149)
Net loss per share - basic $ (2.64) $ (11.02)
Net loss per share - diluted $ (2.64) $ (11.02)
Weighted average shares outstanding - basic 21,890,518 17,813,044
Weighted average shares outstanding - diluted 21,890,518 17,813,044
Product [Member]    
Revenues    
Total net revenues $ 35,336 $ 13,149
Cost of revenues (excluding amortization of acquired intangible assets)    
Cost of revenues 4,924 8,628
Service [Member]    
Revenues    
Total net revenues 5,140 5,441
Cost of revenues (excluding amortization of acquired intangible assets)    
Cost of revenues 1,172 1,650
License Royalty and Other [Member]    
Revenues    
Total net revenues 13,744 4,181
Cost of revenues (excluding amortization of acquired intangible assets)    
Cost of revenues $ 8,893 $ 5,738