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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Jul. 22, 2023
Jul. 21, 2023
Jun. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Dec. 31, 2021
Dec. 31, 2020
Current assets:                  
Cash $ 16,177       $ 9,746     $ 5,128  
Prepaid expenses and other current assets 734       92     26  
Total current assets 16,911       9,838     5,154  
Property and equipment, net 356       431     193  
Operating lease right-of-use asset 323       475     729  
Other assets 29       34     360  
Total assets 17,619       10,778     6,436  
Current liabilities:                  
Accounts payable 4,013       7,805     1,192  
Accrued clinical trials expenses 5,641       2,051     2,246  
Accrued compensation 1,020       1,112     1,066  
Other accrued expenses 2,934       740     697  
Current portion of convertible notes at fair value, including related party amount of $38,834 and $11,162 at December 31, 2022 and 2021, respectively         70,866     15,603  
Total current liabilities 14,177       82,574     20,804  
Convertible notes at fair value, including related party amount of $23,132 and $35,751, at December 31, 2022 and 2021, respectively         60,426     70,762  
Operating lease liability 52       242     524  
Other liabilities               221  
Total liabilities 139,359       143,242     92,311  
Commitments and contingencies            
Convertible preferred stock issuable in series, $0.0001 par value; 44,666,035 shares authorized as of December 31, 2022; 21,257,708 shares issued and outstanding at December 31, 2022; liquidation preference of $141,920 at December 31, 2022         137,949     137,949  
AEON Biopharma, Inc. stockholders' deficit:                  
Class A common stock, $0.0001 par value; 500,000,000 and 207,450,050 shares authorized, 37,159,600 and 138,848,177 shares issued and 37,159,600 and 138,825,356 shares outstanding at September 30, 2023 and December 31, 2022, respectively 4       14     14  
Additional paid-in capital 362,114       187,348     187,348  
Accumulated deficit (423,148)       (474,839)     (422,283)  
Treasury stock, at cost, 22,821 shares at December 31, 2022 and 2021         (23)     (23)  
Total AEON Biopharma, Inc. stockholders' deficit (121,740)       (287,500)     (234,944)  
Non-controlling interest         17,087     11,120  
Total stockholders' deficit (121,740) $ (167,976) $ (288,159) $ (283,889) (270,413) $ (237,593) $ (228,228) (223,824) $ (203,234)
Total liabilities, convertible preferred stock and stockholders' deficit $ 17,619       $ 10,778     $ 6,436