XML 18 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Operating expenses:        
Research and development expense $ 7,849 $ 2,425 $ 43,828 $ 5,909
General and administrative 3,772 767 9,463 2,406
Total operating expenses 11,621 3,192 53,291 8,315
Loss from operations (11,621) (3,192) (53,291) (8,315)
Other income (expense):        
Interest income 6 1 16 66
Service fee income from related party     181  
Change in fair value of derivative liability (2,560)   (5,821)  
Total other income (expense) (2,554) 1 (5,624) 66
Loss from equity method investment in joint venture     (231)  
Net loss and comprehensive loss $ (14,175) $ (3,191) $ (59,146) $ (8,249)
Net loss per common share, basic and diluted $ (8.96) $ (2.93) $ (40.27) $ (8.43)
Weighted average common shares outstanding, basic and diluted 1,581,610 1,088,222 1,468,777 979,081