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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating expenses:        
Research and development $ 4,944 $ 5,041 $ 10,428 $ 9,220
General and administrative 2,833 1,191 5,154 2,782
Total operating expenses 7,777 6,232 15,582 12,002
Loss from operations (7,777) (6,232) (15,582) (12,002)
Other income (expense)        
Change in fair value of warrant liability (23) 0 (23) 0
Change in fair value of embedded derivatives 321 0 429 74
Gain on extinguishment of promissory notes payable 604 0 604 0
Foreign exchange transaction gain (9) 0 (9) 0
Interest income 39 0 51 1
Interest expense (714) (1,067) (1,056) (2,432)
Total other income (expense) 218 (1,067) (4) (2,357)
Net loss (7,559) (7,299) (15,586) (14,359)
Other comprehensive loss:        
Foreign currency translation adjustment (2) 0 (2) 0
Comprehensive loss $ (7,561) $ (7,299) $ (15,588) $ (14,359)
Net loss per common share, basic (in dollars per share) $ (2.44) $ (23.20) $ (9.06) $ (45.85)
Net loss per common share, diluted (in dollars per share) $ (2.44) $ (23.20) $ (9.06) $ (45.85)
Weighted average common shares outstanding, basic (in shares) 3,100,957 314,572 1,720,202 313,148
Weighted average common shares outstanding, diluted (in shares) 3,100,957 314,572 1,720,202 313,148