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Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenue:    
License revenue $ 1,000 $ 0
Operating expenses:    
Research and development 31,311 28,029
General and administrative 19,549 8,996
Total operating expenses 50,860 37,025
Loss from operations (49,860) (37,025)
Other income (expense):    
Interest income 170 55
Change in fair value of loans payable 0 (2,887)
Other income, net 40 99
Total other income (expense), net 210 (2,733)
Loss before income taxes (49,650) (39,758)
Income tax expense (508) (813)
Net loss (50,158) (40,571)
Extinguishment of Series B convertible preferred stock 0 10,701
Net loss attributable to non-controlling interest 0 (518)
Net loss attributable to common stockholders $ (50,158) $ (29,352)
Net loss per share attributable to common stockholders, basic and diluted $ (2.21) $ (102.93)
Weighted average common stock outstanding, basic and diluted 22,705,948 285,162
Other comprehensive loss:    
Net loss $ (50,158) $ (40,571)
Unrealized loss on available-for-sale securities, net of tax (194) 0
Foreign exchange translation adjustment, net of tax (20) (18)
Comprehensive loss (50,372) (40,589)
Less: Comprehensive loss attributable to non-controlling interest 0 (518)
Comprehensive loss attributable to common stockholders $ (50,372) $ (40,071)