XML 18 R4.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Operating expenses:            
Selling, general and administrative $ 4,946 $ 3,189 $ 8,787 $ 5,734 $ 13,675 $ 11,153
Research and development 9,025 8,964 18,230 17,747 34,754 25,728
Litigation settlement           28,966
Total operating costs and expenses 13,971 12,153 27,017 23,481 48,429 65,847
Loss from operations (13,971) (12,153) (27,017) (23,481) (48,429) (65,847)
Other income (loss):            
Change in fair value of convertible notes (1,453) 9,657 (6,110) 15,928 (4,416) 795
Gain on cancellation of unwind fee           9,550
Other income (loss), net 45 (1) 109   289 (135)
Total other (loss) income (1,408) 9,656 (6,001) 15,928 (4,127) 10,210
Loss before taxes (15,379) (2,497) (33,018) (7,553) (52,556) (55,637)
Income taxes 0 0 0 0   0
Net (loss) income $ (15,379) $ (2,497) $ (33,018) $ (7,553) $ (52,556) $ (55,637)
Basic net loss per share $ (0.11) $ (0.02) $ (0.24) $ (0.05) $ (0.38) $ (0.44)
Diluted net loss per share $ (0.11) $ (0.02) $ (0.24) $ (0.05) $ (0.38) $ (0.44)
Weighted average shares of common stock outstanding used to compute basic net loss per share 138,825,356 138,825,356 138,825,356 138,825,356 138,825,356 126,252,622
Weighted average shares of common stock outstanding used to compute diluted net loss per share 138,825,356 138,825,356 138,825,356 138,825,356 138,825,356 126,252,622