XML 16 R4.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Condensed Consolidated Statements of Operations and Comprehensive Loss    
Revenue $ 2,105 $ 5,125
Grant income 968 891
Total revenue and grant income 3,073 6,016
Operating Expenses    
Direct costs 3,548 2,696
Research and development 17,749 19,022
Selling, general and administrative 8,122 8,327
Total operating expenses 29,419 30,045
Operating Loss (26,346) (24,029)
Nonoperating Income and Expense    
Interest income 4,012 3,599
Change in fair value of warrant liabilities 9,642 5,879
Interest expense (197) (8)
Other income (expense) 17 (522)
Total nonoperating income and expense 13,474 8,948
Pretax Loss (12,872) (15,081)
Income tax expense 84  
Share of net loss of equity method investee 72 70
Net Loss Attributable to Common Stockholders (13,028) (15,151)
Other Comprehensive Income (Loss) (1,407) 173
Comprehensive Loss Attributable to Common Stockholders $ (14,435) $ (14,978)
Basic loss per share $ (0.06) $ (0.08)
Diluted loss per share $ (0.06) $ (0.08)
Weighted average shares outstanding - Basic 217,299,594 181,404,557
Weighted average shares outstanding - Diluted 217,299,594 181,404,557