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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating Expenses:        
Research and development $ 11,481 $ 11,577 $ 22,267 $ 22,130
General and administrative 2,497 3,101 5,486 6,650
Total operating expenses 13,978 14,678 27,753 28,780
Loss from operations (13,978) (14,678) (27,753) (28,780)
Other income (expense):        
Grant income 7,106 7,311 12,192 12,223
Other income, net 141 333 355 577
Interest expense (3) (7) (8) (17)
Loss on currency translation from liquidation of subsidiary       (195)
Total other income, net 7,244 7,637 12,539 12,588
Net loss (6,734) (7,041) (15,214) (16,192)
Foreign currency translation adjustment, including reclassifications       195
Total comprehensive loss $ (6,734) $ (7,041) $ (15,214) $ (15,997)
Net loss per share, basic (in dollars per share) $ (0.11) $ (0.18) $ (0.24) $ (0.44)
Net loss per share, diluted (in dollars per share) $ (0.11) $ (0.18) $ (0.24) $ (0.44)
Weighted-average common shares outstanding, basic (in shares) 63,690,945 40,062,954 62,169,748 36,899,112
Weighted-average common shares outstanding, diluted (in shares) 63,690,945 40,062,954 62,169,748 36,899,112