XML 11 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating expenses:        
Research and development $ 93 $ 34,824 $ 12,266 $ 65,543
General and administrative 7,169 12,480 17,829 24,992
Restructuring costs 512   9,976  
Total operating expenses 7,774 47,304 40,071 90,535
Loss from operations (7,774) (47,304) (40,071) (90,535)
Total other income (loss), net:        
Interest income 1,360 1,516 2,606 2,841
Other income (loss), net 338 521 1,090 1,244
Net loss $ (6,076) $ (45,267) $ (36,375) $ (86,450)
Net loss per share - basic $ (0.05) $ (0.48) $ (0.32) $ (0.92)
Net loss per share - diluted $ (0.05) $ (0.48) $ (0.32) $ (0.92)
Weighted-average common shares outstanding - basic 115,127,044 94,625,837 114,908,885 93,968,407
Weighted-average common shares outstanding - diluted 115,127,044 94,625,837 114,908,885 93,968,407
Comprehensive loss:        
Net Income (Loss) $ (6,076) $ (45,267) $ (36,375) $ (86,450)
Other comprehensive income (loss), net of tax:        
Unrealized (loss) gain on available-for-sale securities (1) 76 (77) 243
Total other comprehensive income (loss) (1) 76 (77) 243
Comprehensive loss $ (6,077) $ (45,191) $ (36,452) $ (86,207)