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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended 7 Months Ended 9 Months Ended
Jul. 21, 2023
Sep. 30, 2023
Sep. 30, 2022
Jul. 21, 2023
Sep. 30, 2022
Operating expenses:          
Selling, general and administrative $ 1,055 $ 5,460 $ 2,436 $ 9,841 $ 8,171
Research and development 1,573 6,383 7,477 19,803 25,225
Change in fair value of contingent consideration   (69,715)      
Total operating costs and expenses 2,628 (57,872) 9,913 29,644 33,396
Loss from operations (2,628) 57,872 (9,913) (29,644) (33,396)
Other (loss) income:          
Change in fair value of convertible notes 2,582   (666) (3,528) 15,261
Change in fair value of warrants   1,593      
Change in fair value of embedded forward purchase agreements and derivative liabilities (4,959) (15,776)   (4,959)  
Other income, net 5 186 141 114 142
Total other (loss) income, net (2,372) (13,997) (525) (8,373) 15,403
Loss before taxes (5,000) 43,875 (10,438) (38,017) (17,993)
Income taxes 0 0 0 0 0
Loss and comprehensive loss $ (5,000) $ 43,875 $ (10,438) $ (38,017) $ (17,993)
Basic net loss per share $ (0.04) $ 1.19 $ (0.08) $ (0.28) $ (0.13)
Diluted net loss per share $ (0.04) $ 1.19 $ (0.08) $ (0.28) $ (0.13)
Weighted average shares of common stock outstanding used to compute basic net loss per share 138,848,177 37,159,600 138,848,177 138,848,177 138,848,177
Weighted average shares of common stock outstanding used to compute diluted net loss per share 138,848,177 37,159,600 138,848,177 138,848,177 138,848,177