XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,558 $ 5,158
Prepaid expenses and other current assets 940 1,064
Total current assets 2,498 6,222
Property and equipment, net 307 332
Operating lease right-of-use asset 198 262
Other assets 29 29
Total assets 3,032 6,845
Current liabilities:    
Accounts payable 6,523 3,388
Accrued clinical trials expenses 984 5,128
Accrued compensation 1,338 943
Forward purchase agreements liquidated damages 3,000  
Other accrued expenses 4,112 3,590
Total current liabilities 15,957 13,049
Convertible notes at fair value, including related party amount of $5,087 and $0, at March 31, 2024 and December 31, 2023, respectively 5,087  
Warrant liability 12,000 1,447
Contingent consideration liability 168,119 104,350
Embedded forward purchase agreements and derivative liabilities 250 41,043
Total liabilities 201,413 159,889
Commitments and contingencies
Stockholders' Deficit:    
Class A common stock, $0.0001 par value; 500,000,000 shares authorized at March 31, 2024 and December 31, 2023, and 38,120,288 and 37,159,600 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 4 4
Additional paid-in capital 393,235 381,264
Subscription receivables   (60,710)
Accumulated deficit (591,620) (473,602)
Total stockholders' deficit (198,381) (153,044)
Total liabilities and stockholders' deficit $ 3,032 $ 6,845
Financial Designation, Predecessor and Successor [Fixed List] Successor Successor