Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)

v3.24.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenue   $ 2,833   $ 5,787
Operating expenses:        
Research and development $ 21,953 29,608 $ 46,608 58,369
General and administrative 5,463 7,225 11,729 14,630
Total operating expenses 27,416 36,833 58,337 72,999
Loss from operations (27,416) (34,000) (58,337) (67,212)
Interest income 1,085 2,125 2,631 3,900
Interest expense (1,382) (1,278) (2,689) (2,495)
Change in fair value of warrant liabilities 4,386 (3,105) 31,360 5,760
Net loss applicable to common stockholders $ (23,327) $ (36,258) $ (27,035) $ (60,047)
Net loss per share applicable to common stockholders - basic $ (0.59) $ (1.3) $ (0.69) $ (2.15)
Net loss per share applicable to common stockholders - diluted $ (0.59) $ (1.3) $ (0.69) $ (2.15)
Weighted-average number of common shares used in net loss per share applicable to common stockholders - basic 39,269,434 27,913,448 39,123,740 27,878,030
Weighted-average number of common shares used in net loss per share applicable to common stockholders - diluted 39,269,434 27,913,448 39,123,740 27,878,030