Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating expenses:        
Research and development $ 4,870 $ 16,760 $ 10,165 $ 29,485
General and administrative 3,105 3,266 6,668 6,520
Total operating expenses 7,975 20,026 16,833 36,005
Loss from operations (7,975) (20,026) (16,833) (36,005)
Other income (expense):        
Interest income, net 114 21 201 55
Other expense (96)   (96)  
Change in fair value of warrant liabilities 389 1,916 7,789 (2,296)
Total other income (expense) 407 1,937 7,894 (2,241)
Net loss $ (7,568) $ (18,089) $ (8,939) $ (38,246)
Per share information:        
Basic net loss per share $ (1.94) $ (36.79) $ (3.04) $ (77.79)
Weighted average shares outstanding basic 3,901,839 491,626 2,943,979 491,626
Diluted net loss per share $ (1.94) $ (36.79) $ (3.04) $ (77.79)
Weighted Average Number of Shares Outstanding, Diluted 3,901,839 491,626 2,943,979 491,626