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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues $ 16,146  
Costs and operating expenses:    
Cost of revenues 475  
Research and development 13,029 $ 11,901
General and administrative 8,247 9,053
Total costs and operating expenses 21,751 20,954
Loss from operations (5,605) (20,954)
Other income, net:    
Interest and investment income 1,550 1,673
Sublease income 799 38
Total other income, net 2,349 1,711
Net loss $ (3,256) $ (19,243)
Net loss per common share - basic $ (0.06) $ (0.54)
Net loss per common share - diluted $ (0.06) $ (0.54)
Weighted average shares of common stock outstanding - basic 51,289,284 35,351,671
Weighted average shares of common stock outstanding - diluted 51,289,284 35,351,671
Other comprehensive (loss) income:    
Net unrealized (loss) gain on marketable debt securities $ (123) $ 696
Other comprehensive (loss) income (123) 696
Comprehensive loss (3,379) $ (18,547)
Royalty Revenues    
Revenues 8,146  
Sale of Royalty Rights    
Revenues $ 8,000