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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash $ 4
Restricted cash 240 1,000
Prepaid expenses 802 1,105
Total current assets 1,042 2,109
Investment in Virion 90 3,392
TOTAL ASSETS 1,132 5,501
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 16,570 16,185
Short-term loans, net of issuance costs 12,838 12,118
SPA Warrant 3,573 764
Total current liabilities 33,649 30,013
NONCURRENT LIABILITIES    
Fixed maturity consideration 5,163 4,123
Backstop put option liability 57,041 58,523
Virion contribution liability 3,364 3,605
Total liabilities 99,217 96,264
STOCKHOLDERS’ DEFICIT:    
Common stock, $0.0001 par value; 300,000,000 shares authorized as of September 30, 2024 and December 31, 2023, respectively, 34,868,628 and 34,649,046 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively.
Additional paid-in capital 107,733 105,292
Accumulated deficit (205,818) (196,055)
Total stockholders’ deficit (98,085) (90,763)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 1,132 5,501
Related Party [Member]    
CURRENT LIABILITIES:    
Accrued expenses – related party $ 668 $ 946