XML 17 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)        
Revenue $ 5,075 $ 4,906 $ 11,028 $ 8,698
Operating Expenses        
Direct costs 5,437 6,897 9,727 13,171
Research and development 18,526 14,508 37,400 26,156
Selling, general and administrative 8,049 5,673 16,619 12,862
Total operating expenses 32,012 27,078 63,746 52,189
Operating Loss (26,937) (22,172) (52,718) (43,491)
Nonoperating Income and Expense        
Interest income 4,520 4,993 9,637 9,827
Change in fair value of warrant liabilities 703 4,987 202 2,325
Interest expense (49) (13) (91) (26)
Total nonoperating income and expense 5,174 9,967 9,748 12,126
Pretax Loss (21,763) (12,205) (42,970) (31,365)
Income tax expense 511   511  
Net Loss Attributable to Common Stockholders (22,274) (12,205) (43,481) (31,365)
Other Comprehensive Income (Loss) (11) 1,098 (590) (213)
Comprehensive Loss Attributable to Common Stockholders $ (22,285) $ (11,107) $ (44,071) $ (31,578)
Basic loss per share $ (0.13) $ (0.07) $ (0.24) $ (0.18)
Diluted loss per share $ (0.13) $ (0.07) $ (0.24) $ (0.18)
Weighted average shares outstanding - Basic 177,588,035 178,063,573 179,186,027 177,502,037
Weighted average shares outstanding - Diluted 177,588,035 178,063,573 179,186,027 177,502,037