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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenue:    
Total revenue $ 3,746 $ 140,141
Operating expenses:    
Cost of product revenue 0 15,624
Research and development 26,405 30,928
Selling, general and administrative 14,458 20,920
Total operating expenses 40,863 67,472
(Loss) income from operations (37,117) 72,669
Other expense (income):    
Amortization of debt issuance costs and discount 1,726 2,994
Interest income (4,291) (3,954)
Interest expense 828 3,130
Other income (235) 0
Warrant liabilities fair value adjustment (13,812) 3,166
Derivative liability fair value adjustment (196) 154
Total other (income) expense (15,980) 5,490
(Loss) income before taxes (21,137) 67,179
Income tax (expense) (151) (138)
Net (loss) income $ (21,288) $ 67,041
Net (loss) income per share attributable to common stockholders - basic    
Net (loss) income per share - basic $ (0.44) $ 1.4
Net (loss) income per share attributable to common stockholders - diluted    
Net (loss) income per share - diluted $ (0.44) $ 1.39
Weighted average common shares outstanding – basic and diluted    
Basic 48,513,073 47,852,833
Diluted 48,513,073 48,390,582
Product Revenue, Net    
Revenue:    
Total revenue $ 0 $ 1,044
License Agreement Revenue    
Revenue:    
Total revenue $ 3,746 $ 139,097