Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2023

Summary of Significant Accounting Policies

Schedule of property and equipment, net

	Successor		Predecessor
	September 30,		December 31,
	2023		2022
Furniture and fixtures	$	199	$	199
Equipment		237		237
Leasehold improvements		66		66
Property and equipment		502		502
Accumulated depreciation		(146)		(71)
Property and equipment, net	$	356	$	431

Schedule of other accrued expenses

	September 30,		December 31,
		2023		2022
		Successor		Predecessor
Legal expenses	$	1,873	$	—
Operating lease liability - short term portion		296		257
Daewoong vial usage		91		202
Remaining other accrued expenses		675		281
Total other accrued expenses	$	2,934	$	740

Schedule of basic and diluted net loss per share

Nine months ended September 30, 2022 (Predecessor)
Net loss available to common stockholders	$	(17,993)
Weighted average common shares outstanding, basic and diluted		138,848,177
Net loss per share attributable to common stockholders, basic and diluted	$	(0.13)

Three months ended September 30, 2022 (Predecessor)
Net loss available to common stockholders	$	(10,438)
Weighted average common shares outstanding, basic and diluted		138,848,177
Net loss per share attributable to common stockholders, basic and diluted	$	(0.08)

Period from January 1, 2023 to July 21, 2023 (Predecessor)
Net loss available to common stockholders	$	(38,017)
Weighted average common shares outstanding, basic and diluted		138,848,177
Net loss per share attributable to common stockholders, basic and diluted	$	(0.28)
Period from July 22, 2023 to September 30, 2023 (Successor)
Net income available to common stockholders	$	43,875
Weighted average common shares outstanding, basic and diluted		37,159,600
Net income per share attributable to common stockholders, basic and diluted	$	1.19

Period from July 1, 2023 to July 21, 2023 (Predecessor)
Net loss available to common stockholders	$	(5,000)
Weighted average common shares outstanding, basic and diluted		138,848,177
Net loss per share attributable to common stockholders, basic and diluted	$	(0.04)
Period from July 22, 2023 to September 30, 2023 (Successor)
Net income available to common stockholders	$	43,875
Weighted average common shares outstanding, basic and diluted		37,159,600
Net income per share attributable to common stockholders, basic and diluted	$	1.19

Schedule of potentially dilutive securities outstanding have been excluded from the computation of diluted weighted average shares outstanding because such securities have an anti-dilutive impact

	September 30,
	2023	2022
	Successor	Predecessor
Warrants	14,479,999	—
Contingent consideration	16,000,000	—
Contingent founder shares	3,450,000	—
Convertible preferred stock outstanding	—	21,257,708
Convertible preferred stock warrants outstanding	—	342,011
Common stock options and restricted stock units	4,888,537	10,516,525
	38,818,536	32,116,244