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CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating expenses:        
Research and development $ 2,706 $ 3,893 $ 4,490 $ 10,764
General and administrative 2,659 2,472 5,057 5,628
Restructuring costs   1,192   1,192
Total operating expenses 5,365 7,557 9,547 17,584
Loss from operations (5,365) (7,557) (9,547) (17,584)
Other income (expense):        
Interest income 42 2 45 5
Interest expense   (4)   (7)
Warrant revaluation gain       6,983
Future tranche right revaluation gain       118,803
Foreign currency exchange gain (loss) 16 (4) 17 (25)
Net income (loss) (5,307) (7,563) (9,485) 108,175
Net income (loss) applicable to common stockholders (Note 11)        
- Basic (5,307) (7,563) (9,485) 105,450
- Diluted $ (5,307) $ (7,563) $ (9,485) $ (17,611)
Net income (loss) per share applicable to common stockholders (Note 11)        
- Basic $ (0.10) $ (0.15) $ (0.18) $ 2.31
- Diluted $ (0.10) $ (0.15) $ (0.18) $ (0.32)
Weighted-average number of common shares used in computing net income (loss) per share applicable to common stockholders        
- Basic 52,972 49,909 52,933 45,575
- Diluted 52,972 49,909 52,933 54,937