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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating expenses:        
Research and development $ 6,617 $ 3,478 $ 16,975 $ 6,071
General and administrative 4,832 4,008 9,852 6,881
Acquired in-process research and development       164,617
Total operating expenses 11,449 7,486 26,827 177,569
Loss from operations (11,449) (7,486) (26,827) (177,569)
Other income (expense):        
Interest and investment income 214 40 269 53
Other expense, net (15) (20) (16) (34)
Total other income, net 199 20 253 19
Net loss (11,250) (7,466) (26,574) (177,550)
Dividend on convertible preferred stock related to beneficial conversion feature and issuance costs   (24,437)   (24,437)
Net loss attributable to common shareholders $ (11,250) $ (31,903) $ (26,574) $ (201,987)
Net loss per share - basic $ (0.86) $ (5.33) $ (2.04) $ (41.55)
Net loss per share - diluted $ (0.86) $ (5.33) $ (2.04) $ (41.55)
Weighted-average common shares outstanding used in net loss per share - basic 13,016,955 5,980,097 13,016,955 4,861,279
Weighted-average common shares outstanding used in net loss per share - diluted 13,016,955 5,980,097 13,016,955 4,861,279