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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Condensed Consolidated Statements of Operations        
Grant revenue   $ 980 $ 966 $ 1,776
Operating expenses        
Research and development $ 8,475 8,259 16,491 17,863
General and administrative 3,439 2,350 6,617 4,888
Total operating expenses 11,914 10,609 23,108 22,751
Operating loss (11,914) (9,629) (22,142) (20,975)
Other income (expense)        
Interest income 221 46 273 64
Interest expense (2,718)   (4,538)  
Change in fair value of convertible debt 23,397 6,036 10,372 2,874
Total other income (expense), net 20,900 6,082 6,107 2,938
Net income (loss) $ 8,986 $ (3,547) $ (16,035) $ (18,037)
Per share information:        
Net income (loss) per share, basic $ 0.25 $ (0.10) $ (0.44) $ (0.50)
Net loss per share, diluted $ (0.25) $ (0.17) $ (0.45) $ (0.50)
Weighted average shares outstanding, basic 36,154,521 36,068,130 36,139,873 36,056,649
Weighted average shares outstanding, diluted 58,246,626 56,544,698 58,231,978 36,056,649