v3.25.1
STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating expenses:    
Research and development $ 7,557 $ 40,513
Research and development - licenses acquired 861 527
Asset impairment 3,692 0
Gain on the sale of property and equipment 0 (1,466)
General and administrative 4,135 9,686
Total operating expenses 16,245 49,260
Loss from operations (16,245) (49,260)
Other income (expense)    
Other income 314 917
Interest income 184 850
Interest expense (5) (4,109)
Total other income (expense) 493 (2,342)
Net Loss $ (15,752) $ (51,602)
Net loss per Class A common and common shares outstanding, basic $ (38.57) $ (299.95)
Net loss per Class A common and common shares outstanding, diluted $ (38.57) $ (299.95)
Weighted average number of Class A common and common shares outstanding, basic 609,696 172,031
Weighted average number of Class A common and common shares outstanding, diluted 609,696 172,031

Source