v3.25.2
Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating expenses:        
Research and development $ 98 $ 4,360 $ (866) $ 8,164
Asset impairment 0 2,649 0 2,649
General and administrative 787 1,531 2,004 2,958
Total operating expenses 885 8,540 1,138 13,771
Loss from operations (885) (8,540) (1,138) (13,771)
Other income        
Other income 0 314 0 314
Interest income, net 123 27 223 67
Total other income 123 341 223 381
Net Loss $ (762) $ (8,199) $ (915) $ (13,390)
Net loss per Class A common and common shares outstanding, basic $ (0.19) $ (18.36) $ (0.27) $ (40.83)
Net loss per Class A common and common shares outstanding, diluted $ (0.19) $ (18.36) $ (0.27) $ (40.83)
Weighted average number of Class A common and common shares outstanding, basic 4,021,276 446,587 3,444,317 327,894
Weighted average number of Class A common and common shares outstanding, diluted 4,021,276 446,587 3,444,317 327,894

Source