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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating expenses:        
Research and development $ 7,698 $ 3,788 $ 24,673 $ 9,859
General and administrative 4,688 4,110 14,540 10,992
Acquired in-process research and development       164,617
Total operating expenses 12,386 7,898 39,213 185,468
Loss from operations (12,386) (7,898) (39,213) (185,468)
Other income (expense):        
Interest and investment income 437 35 706 89
Other expense, net (48) (8) (64) (42)
Total other income, net 389 27 642 47
Net loss (11,997) (7,871) (38,571) (185,421)
Dividend on convertible preferred stock related to beneficial conversion feature and issuance costs       (24,437)
Net loss attributable to common shareholders $ (11,997) $ (7,871) $ (38,571) $ (209,858)
Net loss per share - basic $ (0.87) $ (0.61) $ (2.91) $ (27.81)
Net loss per share - diluted $ (0.87) $ (0.61) $ (2.91) $ (27.81)
Weighted-average common shares outstanding used in net loss per share - basic 13,742,385 12,830,782 13,261,422 7,546,969
Weighted-average common shares outstanding used in net loss per share - diluted 13,742,385 12,830,782 13,261,422 7,546,969