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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating expenses    
Research and development $ 6,398,000 $ 23,770,000
Acquired in-process research and development 4,395,000  
General and administrative 10,499,000 12,687,000
Restructuring costs 968,000 3,448,000
Total operating expenses 22,260,000 39,905,000
Loss from operations (22,260,000) (39,905,000)
Other income (expense), net    
Interest income, net 844,000 1,689,000
Foreign exchange transaction gain (loss), net 18,000 (197,000)
Gain on sale of equipment   64,000
Total other income, net 862,000 1,556,000
Loss before income tax expense (21,398,000) (38,349,000)
Income tax expense (41,000) 0
Net loss $ (21,439,000) $ (38,349,000)
Net loss per common share, basic $ (18.53) $ (36.08)
Net loss per common share, diluted $ (18.53) $ (36.08)
Weighted-average number of shares used in computing net loss per common share, basic 1,157,149 1,062,873
Weighted-average number of shares used in computing net loss per common share, diluted 1,157,149 1,062,873
Other comprehensive income (loss), net of tax    
Currency translation gain (loss) $ (283,000) $ 393,000
Unrealized gain on marketable securities   231,000
Other comprehensive income (loss), net of tax (283,000) 624,000
Total comprehensive loss $ (21,722,000) $ (37,725,000)