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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Cash flows from operating activities:      
Net loss $ (118,018) $ (17,639)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 25 25  
Stock-based compensation expense 1,621 1,360  
Change in fair value of convertible notes 87 4,657  
Change in fair value of warrants 20,903    
Loss on embedded forward purchase agreements and derivative liabilities 22,917    
Change in fair value of contingent consideration 63,769    
Changes in operating assets and liabilities:      
Prepaid expenses and other current assets 124 39  
Accounts payable 3,136 (3,524)  
Accrued expenses and other liabilities (3,228) 3,984  
Other assets and liabilities 64 40  
Net cash used in operating activities (8,600) (11,058)  
Cash flows from financing activities:      
Proceeds from issuance of convertible notes 5,000 6,000  
Net cash provided by financing activities 5,000 6,000  
Net decrease in cash and cash equivalents (3,600) (5,058)  
Cash and cash equivalents at beginning of period 5,158 9,746 $ 9,746
Cash and cash equivalents at end of period $ 1,558 $ 4,688 $ 5,158
Financial Designation, Predecessor and Successor [Fixed List] Successor Predecessor Successor