| Schedule of Reconciliation of Segment Net Loss |
The following table provides significant segment expenses, other segment items, reported segment net loss and a reconciliation of segment net loss to the Company’s total consolidated net loss for the three and six months ended June 30, 2025 and 2024 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | | License and collaboration revenue | $ | 48 | | | $ | 24,116 | | | $ | 48 | | | $ | 24,116 | | | Research and development expense | (8,773) | | | (5,348) | | | (15,406) | | | (14,011) | | | General and administrative expense | (4,699) | | | (5,122) | | | (9,513) | | | (9,092) | | | Other income, net | 580 | | | 1,231 | | | 1,809 | | | 5,201 | | | Income tax expense | (55) | | | (30) | | | (109) | | | (60) | | | Segment net loss (income) | (12,899) | | | 14,847 | | | (23,171) | | | 6,154 | | | Reconciliation of loss (income): | | | | | | | | | Adjustments and reconciling items | — | | | — | | | — | | | — | | | Consolidated net (loss) income | $ | (12,899) | | | $ | 14,847 | | | $ | (23,171) | | | $ | 6,154 | |
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