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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 6,751 $ 4,612
Short-term investments 71,440 46,490
Prepaid expenses and other current assets 3,318 5,027
Total current assets 81,509 56,129
Operating lease asset, net 471 365
In-process research and development 32,386 32,386
Other assets 210 186
Total assets 114,576 89,066
Current liabilities:    
Accounts payable 5,860 967
Current operating lease liabilities 186 383
Accrued expenses and other liabilities 6,443 2,545
Total current liabilities 12,489 3,895
Deferred tax liabilities 1,752 1,752
Non-current operating lease liabilities 315  
Warrant liabilities 23,962 76,211
Total liabilities 38,518 81,858
Commitments and contingencies (Note 7)
Stockholders' equity:    
Common stock, $0.001 par value, 200,000,000 shares authorized at September 30, 2024 and December 31, 2023; 41,183,102 and 24,213,130 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 41 24
Additional paid-in capital 386,884 326,586
Accumulated other comprehensive loss 102  
Accumulated deficit (310,969) (319,402)
Total stockholders’ equity 76,058 7,208
Total liabilities and stockholders' equity 114,576 89,066
Series X1 Non-voting Convertible Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock, value
Series X Non-voting Convertible Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock, value