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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Apr. 30, 2024
Apr. 30, 2023
Operating expenses:        
Research and development $ 9,855 $ 3,215 $ 15,493 $ 6,886
General and administrative 7,455 1,522 12,590 2,484
Total operating expenses 17,310 4,737 28,083 9,370
Loss from operations 17,310 4,737 28,083 9,370
Other (income) expense, net:        
Change in fair value of convertible debentures embedded derivative liabilities   (625)   (318)
Change in fair value of warrant liabilities   341   1,526
Interest income (2,984) (149) (4,009) (316)
Interest Expense 728 1,177 1,291 2,352
Loss on extinguishment of debt     366  
Other expense, net (91) (199) (27) 86
Total other (income) expense, net (2,347) 545 (2,379) 3,330
Net loss before provision for income taxes 14,963 5,282 25,704 12,700
Provision for (benefit from) income taxes 21 0 (9) 0
Net loss and comprehensive loss 14,984 5,282 25,695 12,700
Deemed dividend attributable to redeemable convertibleb preferred shareholders   1,175   2,389
Net loss attributable to common shareholders, basic 14,984 6,457 25,695 15,089
Net loss attributable to common shareholders, diluted $ 14,984 $ 6,457 $ 25,695 $ 15,089
Net loss per share of common shares, basic $ 0.38 $ 9.3 $ 0.82 $ 22.19
Net loss per share of common shares, diluted $ 0.38 $ 9.3 $ 0.82 $ 22.19
Weighted-average common shares outstanding, basic 39,443,768 694,497 31,186,238 680,003
Weighted-average common shares outstanding, diluted 39,443,768 694,497 31,186,238 680,003