v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating expenses:        
Research and development $ 13,812 $ 21,151 $ 29,410 $ 40,586
Selling, general and administrative 5,284 4,928 10,506 10,252
Total operating expenses 19,096 26,079 39,916 50,838
Loss from operations (19,096) (26,079) (39,916) (50,838)
Other income (expense), net:        
Interest income, net 431 226 1,024 729
Change in fair value of notes payable (1,382) (1,673) (1,992) (1,956)
Change in fair value of warrant liabilities (5,484) (348) 24,571 477
Other expense, net (7) (15) (7) (36)
Total other income (expense), net (6,442) (1,810) 23,596 (786)
Net loss and comprehensive loss $ (25,538) $ (27,889) $ (16,320) $ (51,624)
Net loss per share, basic $ (0.16) $ (0.57) $ (0.1) $ (1.05)
Net loss per share, diluted $ (0.16) $ (0.57) $ (0.1) $ (1.05)
Weighted-average number of common shares outstanding, basic 158,648,963 49,042,926 158,570,993 48,952,525
Weighted-average number of common shares outstanding, diluted 158,648,963 49,042,926 158,570,993 48,952,525