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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Costs and Expenses:        
General and administrative $ 212,000 $ 2,416,000 $ 5,099,000 $ 5,612,000
Research and development 4,006,000 2,570,000 10,115,000 8,652,000
Total Operating Costs and Expenses 4,218,000 4,986,000 15,214,000 14,264,000
Loss from Operations (4,218,000) (4,986,000) (15,214,000) (14,264,000)
Other Expense:        
Exchange gain (loss) 6,000 (9,000) 7,000 (40,000)
Interest income 382,000 170,000 1,127,000 197,000
Total Other Income (Expense) 388,000 161,000 1,134,000 157,000
Net Loss Before Income Taxes (3,830,000) (4,825,000) (14,080,000) (14,107,000)
Income tax benefit 527,000 335,000 1,216,000 867,000
Net Loss Attributable to Theriva Biologics, Inc. and Subsidiaries (3,303,000) (4,490,000) (12,864,000) (13,240,000)
Effect of Warrant exercise price adjustment   (340,000)   (340,000)
Net Loss Attributable to Common Stockholders $ (3,303,000) $ (4,830,000) $ (12,864,000) $ (13,580,000)
Net Loss Per Share - Basic $ (0.19) $ (0.30) $ (0.81) $ (0.87)
Net Loss Per Share - Diluted $ (0.19) $ (0.30) $ (0.81) $ (0.87)
Weighted average number of shares outstanding during the period - Basic 17,042,701 15,844,061 15,784,685 15,176,927
Weighted average number of shares outstanding during the period - Diluted 17,042,701 15,844,061 15,784,685 15,176,927
Net Loss $ (3,303,000) $ (4,490,000) $ (12,864,000) $ (13,240,000)
Loss on foreign currency translation (702,000) (1,527,000) (379,000) (2,844,000)
Total comprehensive loss $ (4,005,000) $ (6,017,000) $ (13,243,000) $ (16,084,000)