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License and Collaboration Agreements (Tables)
12 Months Ended
Dec. 31, 2023
License And Collaboration Agreements [Abstract]  
Schedule of Derivative Liabilities at Fair Value

The following table presents the change in the derivative liability for the years ended December 31, 2022 and 2021:

 

 

 

 

Year Ended December 31,

 

 

Fair Value Hierarchy Level

 

2022

 

 

2021

 

Fair value as of December 31, 2021 and February 12, 2021 (inception), respectively

 

3

 

$

27,726

 

 

$

 

Non-cash research and development expense

 

 

 

 

4,951

 

 

 

16,703

 

Cash receipts from SFJ

 

 

 

 

750

 

 

 

3,000

 

Change in the fair value of development derivative liability

 

 

 

 

(33,427

)

 

 

8,023

 

Fair value at end of period

 

3

 

$

 

 

$

27,726