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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Royalty revenue $ 726 $ 7 $ 1,379 $ 1,225
Total revenues 726 7 1,379 1,225
Operating expenses:        
Research and development 4,153 5,046 16,030 15,439
General and administrative 4,213 3,893 11,674 12,396
Total operating expenses 8,366 8,939 27,704 27,835
Loss from operations (7,640) (8,932) (26,325) (26,610)
Other income and expense:        
Other income, net 5 186 17 429
Interest income 168 446 849 1,575
Other income, net 173 632 866 2,004
Net loss before taxes (7,467) (8,300) (25,459) (24,606)
Income tax benefit 0 0 0 29
Net loss $ (7,467) $ (8,300) $ (25,459) $ (24,577)
Net loss per share:        
Basic (in dollars per share) $ (0.90) $ (1.04) $ (3.11) $ (3.01)
Diluted (in dollars per share) $ (0.90) $ (1.04) $ (3.11) $ (3.01)
Weighted average number of common shares outstanding:        
Basic (in shares) 8,327,488 7,978,457 8,179,341 8,161,904
Diluted (in shares) 8,327,488 7,978,457 8,179,341 8,161,904
Other comprehensive income:        
Unrealized gain on short-term investments $ 0 $ 7 $ 0 $ 5
Total comprehensive loss $ (7,467) $ (8,293) $ (25,459) $ (24,572)