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STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]    
Revenue $ 68,696 $ 48,727
Operating expenses    
Research and development 59,559 53,375
General and administrative 35,299 39,088
Total operating expenses 94,858 92,463
Operating Loss (26,162) (43,736)
Other income (expense), net:    
Loss from equity method investment (1,084) (4,931)
Gain on changes in fair value 258 1,145
Gain on change in fair value of warrant liability 29,610  
Interest expense (1,782) (2,230)
Interest income 6,763 7,686
Loss on disposal of assets (436) (461)
Total other income 33,329 1,209
Income (loss) from continuing operations 7,167 (42,527)
Loss from discontinued operations (including gain on disposal of $8,446 during the year ended December 31, 2023) 0 (18,792)
Net income (loss) $ 7,167 $ (61,319)
Basic net income (loss) per share $ 1.05 $ (15.96)
Diluted net income (loss) per share $ 1.04 $ (15.96)
Weighted average shares of common stock outstanding - basic 6,832,982 3,841,405
Weighted average shares of common stock outstanding - diluted 6,883,911 3,841,405