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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 13,888 $ 28,920
Short-term investments 9,703 0
Accounts receivable 788 170
Prepaid expenses 721 722
Other current assets 13 311
Total current assets 25,113 30,123
Property and equipment, net 3,351 2,996
Operating lease right-of-use asset 667 869
Other assets 30 30
Total assets 29,161 34,018
Current liabilities:    
Accounts payable (includes $232 and $331 to a related party as of September 30, 2024 and December 31, 2023, respectively) 2,361 2,205
Accrued liabilities (includes $304 and $215 to a related party as of September 30, 2024 and December 31, 2023, respectively) 2,859 4,169
Current portion of operating lease liabilities 373 364
Deferred revenue 0 75
Total current liabilities 5,593 6,813
Liability related to the sales of future royalties, net 49,188 41,988
Warrant liabilities 8,757 0
Operating lease liabilities 412 649
Other non-current liabilities 0 480
Total liabilities 63,950 49,930
Commitments and contingencies
Stockholders' (deficit) equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized and no shares issued at September 30, 2024 and December 31, 2023 0 0
Common stock, $0.001 par value; 200,000,000 shares authorized a September 30, 2024 and December 31, 2023; 74,745,572 and 62,850,841 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 75 63
Additional paid-in capital 313,100 304,948
Accumulated deficit (347,969) (320,923)
Accumulated other comprehensive gain 5 0
Total stockholders deficit (34,789) (15,912)
Total liabilities and stockholders (deficit) equity $ 29,161 $ 34,018