XML 65 R28.htm IDEA: XBRL DOCUMENT v3.22.0.1
Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]  
Summary of Selected Quarterly Financial Data

The following tables provide the selected quarterly financial data for the years ended December 31, 2021 and 2020 (in thousands, except share and per share data):

 

 

2021

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

Statements of Operations Data:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development

$

3,798

 

 

$

5,224

 

 

$

7,886

 

 

$

11,088

 

General and administrative

 

2,059

 

 

 

3,211

 

 

 

4,752

 

 

 

3,649

 

Total operating expenses

 

5,857

 

 

 

8,435

 

 

 

12,638

 

 

 

14,737

 

Loss from operations

 

(5,857

)

 

 

(8,435

)

 

 

(12,638

)

 

 

(14,737

)

Interest and other income (loss), net

 

5

 

 

 

36

 

 

 

32

 

 

 

27

 

Net loss

$

(5,852

)

 

$

(8,399

)

 

$

(12,606

)

 

$

(14,710

)

Net loss per share, basic and diluted

$

(0.49

)

 

$

(0.33

)

 

$

(0.43

)

 

$

(0.51

)

Weighted-average number of shares outstanding,

   basic and diluted

 

11,964,205

 

 

 

25,161,038

 

 

 

29,001,213

 

 

 

29,061,076

 

 

 

2020

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

Statements of Operations Data:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development

$

334

 

 

$

216

 

 

$

789

 

 

$

2,332

 

General and administrative

 

64

 

 

 

79

 

 

 

346

 

 

 

1,167

 

Total operating expenses

 

398

 

 

 

295

 

 

 

1,135

 

 

 

3,499

 

Loss from operations

 

(398

)

 

 

(295

)

 

 

(1,135

)

 

 

(3,499

)

Interest and other income (loss), net

 

 

 

 

2

 

 

 

 

 

 

1

 

Net loss

$

(398

)

 

$

(293

)

 

$

(1,135

)

 

$

(3,498

)

Net loss per share, basic and diluted

$

(0.05

)

 

$

(0.03

)

 

$

(0.10

)

 

$

(0.29

)

Weighted-average number of shares outstanding,

   basic and diluted

 

8,758,995

 

 

 

9,746,868

 

 

 

11,724,100

 

 

 

11,871,494