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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
5 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2023
Jul. 21, 2023
Dec. 31, 2022
Operating expenses:      
Selling, general and administrative $ 9,949 $ 9,841 $ 13,675
Research and development 13,243 19,803 34,754
Change in fair value of contingent consideration (52,750)    
Total operating costs and expenses (29,558) 29,644 48,429
(Loss) income from operations 29,558 (29,644) (48,429)
Other (loss) income:      
Change in fair value of convertible notes   (19,359) (4,416)
Change in fair value of warrants 2,318    
Change in fair value of embedded forward purchase agreements and derivative liabilities (8,366) (11,789)  
Other income, net 536 114 289
Total other (loss) income, net (5,512) (31,034) (4,127)
(Loss) income before taxes 24,046 (60,678) (52,556)
Income taxes 0 0 0
(Loss) income and comprehensive (loss) income $ 24,046 $ (60,678) $ (52,556)
Basic net (loss) income per share (in dollars per share) $ 0.65 $ (0.44) $ (0.38)
Diluted net (loss) income per share (in dollars per share) $ 0.65 $ (0.44) $ (0.38)
Weighted average shares of common stock outstanding used to compute basic net loss per share 37,159,600 138,848,177 138,848,177
Weighted average shares of common stock outstanding used to compute diluted net loss per share 37,159,600 138,848,177 138,848,177
Financial Designation, Predecessor and Successor [Fixed List] Successor