XML 43 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
Condensed Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Operating expenses:            
Research and development $ 2,384 $ 18,302 $ 32,136 $ 54,325 $ 72,787 $ 37,932
General and administrative 11,294 7,852 26,372 24,563 32,852 22,511
Restructuring and impairment costs 11,349 0 51,128 0    
Total operating expenses 25,027 26,154 109,636 78,888 105,639 60,443
Loss from operations (25,027) (26,154) (109,636) (78,888) (105,639) (60,443)
Other income (expense), net:            
Interest income, net 2,955 1,472 8,387 2,435 4,587 24
Change in fair value of the Series A redeemable convertible preferred stock tranche liability         0 (10,341)
Loss on disposal of assets 0 0 (71) 0    
Other income (expense), net: (413) 0 (413) 0    
Total other income, net 2,542 1,472 7,903 2,435 4,587 (10,317)
Net loss (22,485) (24,682) (101,733) (76,453) (101,052) (70,760)
Unrealized loss on investments in marketable securities 176 (563) 953 (1,596) (1,048) 0
Comprehensive loss $ (22,309) $ (25,245) $ (100,780) $ (78,049) $ (102,100) $ (70,760)
Net loss per share attributable to common stockholders-basic $ (0.39) $ (0.45) $ (1.79) $ (1.4) $ (1.84) $ (2.45)
Net loss per share attributable to common stockholders-diluted $ (0.39) $ (0.45) $ (1.79) $ (1.4) $ (1.84) $ (2.45)
Weighted-average shares used in computing net loss per share-basic 57,257,241 55,206,139 56,748,995 54,591,593 54,873,675 28,919,255
Weighted-average shares used in computing net loss per share-diluted 57,257,241 55,206,139 56,748,995 54,591,593 54,873,675 28,919,255