XML 16 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Condensed Consolidated Statements of Operations    
Grant revenue $ 491 $ 966
Operating expenses    
Research and development 5,429 8,016
General and administrative 3,253 3,178
Total operating expenses 8,682 11,194
Operating loss (8,191) (10,228)
Other income (expense)    
Interest income 59 52
Interest expense (3,602) (1,820)
Change in fair value of the Convertible Loan 5,203 (13,025)
Total other income (expense), net 1,660 (14,793)
Net loss $ (6,531) $ (25,021)
Per share information:    
Net loss per share, basic $ (0.18) $ (0.69)
Weighted average shares outstanding, basic 36,184,802 36,124,980
Net loss per share, diluted $ (0.2) $ (0.69)
Weighted average shares outstanding, diluted 59,478,662 36,124,980