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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting  
Schedule of certain segment information

The following table includes certain segment information for the periods presented (in thousands):

Three Months Ended June 30, 

Six Months Ended June 30, 

2025

2024

2025

2024

Grant and award revenue

$

2,169

$

-

$

2,660

$

966

Operating expenses

Research and development expenses:

AP-PA02: Non-Cystic Fibrosis Bronchiectasis

152

1,768

(288)

3,602

AP-PA02: Cystic Fibrosis

14

138

25

235

AP-SA02: Bacteremia

1,011

1,051

1,663

1,134

AP-SA02: Prosthetic Joint Infection

1

1

2

8

Expenses not allocated by projects*

592

544

1,112

1,176

Total external research and development expenses

1,770

3,502

2,514

6,155

Research and development personnel expenses

2,293

2,809

4,606

5,422

Other research and development expenses

2,331

2,164

4,703

4,914

Total research and development expenses

6,394

8,475

11,823

16,491

General and administrative expenses:

General and administrative personnel expenses

1,191

1,571

2,592

2,505

Other general and administrative expenses

1,428

1,868

3,280

4,112

Total general and administrative expenses

2,619

3,439

5,872

6,617

Total operating expenses

9,013

11,914

17,695

23,108

Operating loss

(6,844)

(11,914)

(15,035)

(22,142)

Other income (expense), net

(9,451)

20,900

(7,791)

6,107

Net income (loss)

$

(16,295)

$

8,986

$

(22,826)

$

(16,035)