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Unaudited Consolidated Statements of Convertible Preferred Stock and Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Total
Common stock
Additional paid-in capital
Accumulated other comprehensive income (loss)
Accumulated deficit
Noncontrolling interests
Beginning balance (in shares) at Dec. 31, 2021 8,700,885          
Beginning balance at Dec. 31, 2021 $ 107,808          
Ending balance (in shares) at Mar. 31, 2022 8,700,885          
Ending balance at Mar. 31, 2022 $ 107,808          
Beginning balance (in shares) at Dec. 31, 2021   2,059,072        
Beginning balance at Dec. 31, 2021 (81,784) $ 2 $ 816 $ 0 $ (96,997) $ 14,395
Stockholders' Equity (Deficit)            
Exercise of stock options (in shares)   2,572        
Stock-based compensation 89   89      
Unrealized gain (loss) on marketable securities (158)     (158)    
Net loss (11,312)       (11,312)  
Ending balance (in shares) at Mar. 31, 2022   2,061,644        
Ending balance at Mar. 31, 2022 $ (93,165) $ 2 905 (158) (108,309) 14,395
Beginning balance (in shares) at Dec. 31, 2021 8,700,885          
Beginning balance at Dec. 31, 2021 $ 107,808          
Ending balance (in shares) at Sep. 30, 2022 8,700,885          
Ending balance at Sep. 30, 2022 $ 107,808          
Beginning balance (in shares) at Dec. 31, 2021   2,059,072        
Beginning balance at Dec. 31, 2021 (81,784) $ 2 816 0 (96,997) 14,395
Stockholders' Equity (Deficit)            
Net loss (44,487)          
Ending balance (in shares) at Sep. 30, 2022   2,190,008        
Ending balance at Sep. 30, 2022 $ (126,108) $ 2 1,139 (160) (141,484) 14,395
Beginning balance (in shares) at Mar. 31, 2022 8,700,885          
Beginning balance at Mar. 31, 2022 $ 107,808          
Ending balance (in shares) at Jun. 30, 2022 8,700,885          
Ending balance at Jun. 30, 2022 $ 107,808          
Beginning balance (in shares) at Mar. 31, 2022   2,061,644        
Beginning balance at Mar. 31, 2022 (93,165) $ 2 905 (158) (108,309) 14,395
Stockholders' Equity (Deficit)            
Stock-based compensation 58   58      
Unrealized gain (loss) on marketable securities (39)     (39,000)    
Net loss (14,848)       (14,848)  
Ending balance (in shares) at Jun. 30, 2022   2,061,644        
Ending balance at Jun. 30, 2022 $ (107,994) $ 2 963 (197) (123,157) 14,395
Ending balance (in shares) at Sep. 30, 2022 8,700,885          
Ending balance at Sep. 30, 2022 $ 107,808          
Stockholders' Equity (Deficit)            
Exercise of stock options (in shares)   128,364        
Exercise of stock options 88   88      
Stock-based compensation 88   88      
Unrealized gain (loss) on marketable securities 37     37    
Net loss (18,327)       (18,327)  
Ending balance (in shares) at Sep. 30, 2022   2,190,008        
Ending balance at Sep. 30, 2022 $ (126,108) $ 2 1,139 (160) (141,484) 14,395
Beginning balance (in shares) at Dec. 31, 2022 8,700,885          
Beginning balance at Dec. 31, 2022 $ 107,808          
Convertible preferred stock            
Conversion of convertible preferred stock and non-controlling interests to common stock (in shares) (8,700,885)          
Conversion of convertible preferred stock and non-controlling interests to common stock $ (107,808)          
Ending balance (in shares) at Mar. 31, 2023 0          
Ending balance at Mar. 31, 2023 $ 0          
Beginning balance (in shares) at Dec. 31, 2022   2,217,737        
Beginning balance at Dec. 31, 2022 (142,670) $ 2 1,197 (41) (158,223) 14,395
Stockholders' Equity (Deficit)            
Stock-based compensation 265   265      
Unrealized gain (loss) on marketable securities 177     177    
Issuance of common stock for cash in pre-closing financing (in shares)   3,730,608        
Issuance of common stock for cash in pre-closing financing 30,640 $ 4 30,636      
Issuance of common stock upon settlement of convertible promissory note, accrued interest, and related derivative liability (in shares)   5,059,338        
Issuance of common stock upon settlement of convertible promissory note, accrued interest, and related derivative liability 42,447 $ 5 42,442      
Issuance of common stock to Sesen Bio shareholders in reverse capitalization (in shares)   10,374,272        
Issuance of common stock to Sesen Bio shareholders in reverse capitalization 72,044 $ 10 72,034      
Conversion of convertible preferred stock and non-controlling interests to common stock (in shares)   18,872,711        
Conversion of convertible preferred stock and non-controlling interests to common stock 107,809 $ 19 122,185     (14,395)
Net loss (24,642)       (24,642)  
Ending balance (in shares) at Mar. 31, 2023   40,254,666        
Ending balance at Mar. 31, 2023 $ 86,070 $ 40 268,759 136 (182,865) 0
Beginning balance (in shares) at Dec. 31, 2022 8,700,885          
Beginning balance at Dec. 31, 2022 $ 107,808          
Ending balance (in shares) at Sep. 30, 2023 0          
Ending balance at Sep. 30, 2023 $ 0          
Beginning balance (in shares) at Dec. 31, 2022   2,217,737        
Beginning balance at Dec. 31, 2022 $ (142,670) $ 2 1,197 (41) (158,223) 14,395
Stockholders' Equity (Deficit)            
Exercise of stock options (in shares) 49,770          
Net loss $ (65,921)          
Ending balance (in shares) at Sep. 30, 2023   40,304,436        
Ending balance at Sep. 30, 2023 $ 46,298 $ 40 270,029 373 (224,144) 0
Beginning balance (in shares) at Mar. 31, 2023 0          
Beginning balance at Mar. 31, 2023 $ 0          
Ending balance (in shares) at Jun. 30, 2023 0          
Ending balance at Jun. 30, 2023 $ 0          
Beginning balance (in shares) at Mar. 31, 2023   40,254,666        
Beginning balance at Mar. 31, 2023 86,070 $ 40 268,759 136 (182,865) 0
Stockholders' Equity (Deficit)            
Exercise of stock options (in shares)   14,910        
Exercise of stock options 52   52      
Stock-based compensation 330   330      
Unrealized gain (loss) on marketable securities 129     129    
Net loss (19,876)       (19,876)  
Ending balance (in shares) at Jun. 30, 2023   40,269,576        
Ending balance at Jun. 30, 2023 $ 66,705 $ 40 269,141 265 (202,741) 0
Ending balance (in shares) at Sep. 30, 2023 0          
Ending balance at Sep. 30, 2023 $ 0          
Stockholders' Equity (Deficit)            
Exercise of stock options (in shares)   34,860        
Exercise of stock options 40   40      
Stock-based compensation 848   848      
Unrealized gain (loss) on marketable securities 108     108    
Net loss (21,403)       (21,403)  
Ending balance (in shares) at Sep. 30, 2023   40,304,436        
Ending balance at Sep. 30, 2023 $ 46,298 $ 40 $ 270,029 $ 373 $ (224,144) $ 0