XML 23 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues:    
Grant revenue $ 7,046 $ 4,930
Collaboration revenue - related party 95,802 46,076
Collaboration revenue $ 933 $ 2,503
Type of Revenue [Extensible List] License [Member] License [Member]
Total revenues $ 103,781 $ 53,509
Operating expenses:    
Research and development 51,440 47,593
General and administrative 25,554 36,483
Impairment of assets 5,306 635
Restructuring 0 11,630
Total operating expenses 82,300 95,706
Income (loss) from operations 21,481 (42,197)
Other income (expense):    
Interest income 3,937 1,106
Other income (expense), net (14) (55)
Interest expense related to the sale of future royalties 0 (2,605)
Loss on extinguishment of liability related to the sale of future royalties 0 (3,581)
Change in fair value of derivative liability 0 917
Total other income (expense), net 3,923 (4,218)
Income (Loss) from Continuing Operations before Interest Expense, Interest Income, Income Taxes, Noncontrolling Interests, Net, Total 25,404 (46,415)
Income tax expense (2,598) 0
Net income (loss) $ 22,806 $ (46,415)
Net loss per share attributable to common stockholders, basic $ 0.43 $ (1.23)
Net loss per share attributable to common stockholders, diluted $ 0.43 $ (1.23)
Basic weighted average common shares outstanding 52,703,467 37,585,075
Weighted Average Number of Shares Outstanding, Diluted 52,989,030 37,585,075
Comprehensive income (loss):    
Net income (loss) $ (22,806) $ 46,415
Other comprehensive gain (loss):    
Unrealized gain on marketable securities 0 2
Net unrealized gains (losses) on securities 0 2
Total comprehensive income (loss) $ 22,806 $ (46,413)