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Asset Acquisition (Tables)
12 Months Ended
Dec. 31, 2023
Asset Acquisition [Abstract]  
Asset Acquisition The following table summarizes the Asset Acquisition Closing Date fair value of the consideration transferred (in thousands):
Fair value of common stock consideration(1)
$17,227 
Payment of certain acquiree transaction costs and other liabilities on behalf of acquiree(2)
1,001 
Total purchase price$18,228 
(1) The fair value of the 71,211 shares of common stock issued as part of consideration transferred was determined based on the Asset Acquisition Closing Date market price of the Company’s common stock of $241.91.

(2) Transaction costs and other pre-existing liabilities paid on behalf of the acquiree as part of the consideration transferred for the IPR&D are presented in the investing activities section of the consolidated statements of cash flows.