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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)        
Revenue $ 4,651 $ 6,366 $ 15,679 $ 15,063
Operating Expenses        
Direct costs 6,973 7,183 16,700 20,354
Research and development 17,319 14,236 54,718 40,391
Selling, general and administrative 7,950 6,444 24,570 19,307
Total operating expenses 32,242 27,863 95,988 80,052
Operating Loss (27,591) (21,497) (80,309) (64,989)
Nonoperating Income and Expense        
Interest income 4,251 5,213 13,707 15,041
Change in fair value of warrant liabilities 1,591 1,155 1,793 3,480
Interest expense (11) (13) (37) (39)
Other expense (283)   (167)  
Total nonoperating income and expense 5,548 6,355 15,296 18,482
Pretax Loss (22,043) (15,142) (65,013) (46,507)
Income tax expense 376   887  
Net Loss Attributable to Common Stockholders (22,419) (15,142) (65,900) (46,507)
Other Comprehensive Income (Loss) 2,058 (215) 1,468 2
Comprehensive Loss Attributable to Common Stockholders $ (20,361) $ (15,357) $ (64,432) $ (46,505)
Basic loss per share $ (0.13) $ (0.08) $ (0.37) $ (0.26)
Diluted loss per share $ (0.13) $ (0.08) $ (0.37) $ (0.26)
Weighted average shares outstanding - Basic 179,160,488 178,388,926 179,177,452 177,800,915
Weighted average shares outstanding - Diluted 179,160,488 178,388,926 179,177,452 177,800,915