Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations

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Condensed 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 Statements of Operations        
Revenue - related party $ 41 $ 31 $ 41 $ 66
Operating expenses:        
Research and development 4,480 13,945 12,977 29,771
General and administrative 2,234 2,281 4,685 4,573
Total operating expenses 6,714 16,226 17,662 34,344
Loss from operations (6,673) (16,195) (17,621) (34,278)
Other income (expense)        
Interest income 3 31 7 74
(Loss) gain on common stock warrant liabilities   (357)   7,209
Foreign currency exchange loss     (1)  
Total other income (expense) 3 (326) 6 7,283
Net Loss $ (6,670) $ (16,521) $ (17,615) $ (26,995)
Loss per Share:        
Basic net loss per common share outstanding $ (0.18) $ (1.05) $ (0.51) $ (1.97)
Diluted net loss per common share outstanding $ (0.18) $ (1.05) $ (0.51) $ (1.97)
Basic weighted average number of common shares outstanding 36,526,268 15,700,324 34,728,623 13,735,646
Diluted weighted average number of common shares outstanding 36,526,268 15,700,324 34,728,623 13,735,646