Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Revenue: | ||||||
| Grant revenue | $ 736 | $ 0 | $ 1,094 | $ 0 | ||
| Total revenue | $ 736 | $ 0 | $ 1,094 | $ 0 | ||
| Revenue from Contract with Customer, Product and Service [Extensible Enumeration] | us-gaap:GrantMember | us-gaap:GrantMember | us-gaap:GrantMember | us-gaap:GrantMember | ||
| Operating expenses: | ||||||
| Research and development expenses | $ 9,141 | $ 12,939 | $ 22,336 | $ 24,760 | ||
| General and administrative expenses | 7,061 | 10,253 | 15,131 | 22,141 | ||
| Impairment of long-lived assets | 5,807 | 0 | 5,807 | 0 | ||
| Manufacturing services | 0 | 1,689 | 0 | 5,216 | ||
| Total operating expenses | 22,009 | 24,881 | 43,274 | 52,117 | ||
| Loss from operations | (21,273) | (24,881) | (42,180) | (52,117) | ||
| Other income (expense): | ||||||
| Gain on sale of VOWST Business | 25,000 | 185 | 25,000 | 52,366 | ||
| Interest income | 181 | 546 | 506 | 1,164 | ||
| Other income (expense) | [1] | 673 | 4,295 | 1,342 | 11,414 | |
| Total other income (expense), net | 25,854 | 5,026 | 26,848 | 64,944 | ||
| Net income (loss) | $ 4,581 | $ (19,855) | $ (15,332) | $ 12,827 | ||
| Net income (loss) per share attributable to common stockholders - basic | $ 0.47 | $ (2.27) | $ (1.59) | $ 1.47 | ||
| Net income (loss) per share attributable to common stockholders - diluted | $ 0.47 | $ (2.27) | $ (1.59) | $ 1.47 | ||
| Weighted average common shares outstanding - basic | 9,706,193 | 8,743,733 | 9,644,704 | 8,723,589 | ||
| Weighted average common shares outstanding - diluted | 9,747,138 | 8,743,733 | 9,644,704 | 8,732,176 | ||
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- Definition Gain loss on sale of business from continuing operations. No definition available.
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- Definition Manufacturing services expense. No definition available.
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- Definition Revenue from Grant. No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate amount of write-downs for impairments recognized during the period for long-lived assets held for abandonment, exchange or sale. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Indicates product and service for revenue from satisfaction of performance obligation by transferring promised product and service to customer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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