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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Costs and expenses:        
Research and development expenses $ 2,778 $ 3,929 $ 9,100 $ 11,577
General and administrative expenses 4,010 2,974 12,766 8,737
Total expenses 6,788 6,903 21,866 20,314
Loss from operations (6,788) (6,903) (21,866) (20,314)
Other income (expense):        
Interest expense (including related party amounts of $294, $63, $1,330 and $160 for the three months ended September 30, 2024 and 2023 and the nine months ended September 30, 2024 and 2023, respectively) (472) (211) (2,188) (307)
Loss on issuance of financial instruments (including related party amounts of zero, zero, $639 and zero for the three months ended September 30, 2024 and 2023 and the nine months ended September 30, 2024 and 2023, respectively) (3,990) (24,475) (17,876) (24,475)
Gain (loss) on amendments to financial instruments, net 999 0 (3,940) 0
Change in fair value of financial instruments (including related party amounts of $342, $42, $494 and $12 for the three months ended September 30, 2024 and 2023 and the nine months ended September 30, 2024 and 2023, respectively) 16,849 1,741 31,004 (1,043)
Transaction costs expensed 0 (3,329) 0 (3,329)
Other income (loss), net 0 0 (6) 120
Net income (loss) before provision for income taxes 6,598 (33,177) (14,872) (49,348)
Provision for income taxes 0 0 0 0
Net income (loss) 6,598 (33,177) (14,872) (49,348)
Comprehensive income (loss) 6,598 (33,177) (14,872) (49,348)
Effect of dilutive convertible promissory notes (291) 0 0 0
Net income (loss) for diluted earnings per share $ 6,307 $ (33,177) $ (14,872) $ (49,348)
Weighted-average common shares outstanding:        
Basic (in shares) 29,133,049 13,397,968 25,112,714 13,342,568
Diluted (in shares) 41,331,258 13,397,968 25,112,714 13,342,568
Net income (loss) per share:        
Basic (in USD per share) $ 0.23 $ (2.48) $ (0.59) $ (3.70)
Diluted (in USD per share) $ 0.15 $ (2.48) $ (0.59) $ (3.70)