v3.25.1
Segments (Tables)
 3 Months Ended
Mar. 31, 2025
Segments [Abstract]  
Summary of Significant Expense Categories and Asset Categories
The table below summarizes the significant expense categories regularly reviewed by the CODM for the three month periods ended March 31, 2025 and 2024 (in thousands).
         
                
    The Months Ended
March 31, 		 
    2025    2024  
    (in thousands)  
Operating expenses:
          
Research and development
  $ 6,485    $ 8,054  
General and administrative
    1,412      1,594  
Total operating expenses
    7,897      9,648  
Total operating loss
    (7,897 )     (9,648 ) 
Other income (expense):
              
Interest income
    35      80  
Interest expense
    (1,744 )     (1,052 ) 
Change in fair value of derivatives
    (25 )     (869 ) 
Total other expense
    (1,734 )     (1,841 ) 
Net loss
  $ (9,631 )   $ (11,489 ) 
Preferred stock dividends
    26      (8 ) 
Net loss applicable to common stockholders
  $ (9,605 )   $ (11,497 ) 
The table below summarizes the significant asset categories regularly reviewed by the CODM for the years ended March 31, 2025 and December 31, 2024 (in thousands).
        
             
  March 31,
2025 		  December 31,
2024
  (in thousands)
Cash and cash equivalents
$ 7,431    $ 15,120