Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2024

Discontinued Operations and Disposal Groups [Abstract]

Schedule of discontinued operations

The following table presents the results of the discontinued operations for the year ended December 31, 2023 (in thousands):

	Year Ended December 31, 2023
Revenues:
Revenue from grants	$	50
Total revenues		50
Cost and expenses:
Research and development		4,439
General and administrative		4,033
Total cost and expenses		8,472
Loss from operations		(8,422	)
Gain on disposal of discontinued operations		15,752
Net gain from discontinued operations	$	7,330

The following table presents the significant non-cash item for the discontinued operations that are included in the accompanying consolidated statements of cash flows (in thousands):

	Year Ended December 31, 2023
Cash flows from operating activities:
Share-based compensation expense	$	505

Schedule of transaction consideration received from the sale of the Transferred Assets

The transaction consideration received from the sale of the Transferred Assets were as follows (in thousands):

	Amount
Closing payment	$	8,000
Expense reimbursement		2,402
Investment in Tisento Parent		5,350
Gross transaction consideration from the sale		15,752
Net assets sold		—
Gain on disposal of discontinued operations	$	15,752