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Segment Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Reportable Segment Net Revenues and Loss The Company's reportable segment net revenues, significant segment expenses and consolidated profit (loss) for the years ended December 31, 2024 and 2023, consisted of the following:

 

 

Year Ended December 31,

 

 

2024

 

 

2023

 

Revenues:

 

 

 

 

 

Grant Revenue

$

20,581

 

 

$

7,046

 

Collaboration revenue - related party

 

27,025

 

 

 

95,802

 

Collaboration revenue

 

371

 

 

 

933

 

Total revenues

 

47,977

 

 

 

103,781

 

 

 

 

 

 

 

Less:

 

 

 

 

 

Tebipenem HBr

 

60,502

 

 

 

16,695

 

SPR720

 

16,626

 

 

 

13,031

 

SPR206

 

570

 

 

 

3,240

 

Research and development personnel related (including share-based compensation)

 

14,111

 

 

 

13,788

 

Facility related and other, research and development

 

4,948

 

 

 

4,686

 

General and administrative personnel related (including share-based compensation)

 

13,188

 

 

 

15,324

 

Professional and consultant fees

 

8,198

 

 

 

8,151

 

Facility related and other, general and administrative

 

2,318

 

 

 

2,079

 

Other segment items*

 

817

 

 

 

5,320

 

Interest income

 

(4,735

)

 

 

(3,937

)

Income tax expense

 

-

 

 

 

2,598

 

Consolidated profit (loss)

$

(68,566

)

 

$

22,806

 

 

*Other segment items include restructuring charges (see Note 9), impairment of long-term asset and other income, net.