Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.24.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 110,177 $ 7,415
Other receivables 35 136
Prepaid expenses and other current assets 997 843
Restricted cash, current portion 4 1
Total current assets 111,213 8,395
Property and equipment, net 1,882 1,965
Goodwill 10,502 10,502
Restricted cash, net of current portion 131 131
Total assets 123,728 20,993
Current liabilities:    
Accounts payable 916 446
Accrued expenses and other current liabilities 7,383 4,172
Warrant liability 194,901 0
Contingent consideration 12,500 0
Total current liabilities 215,700 4,618
Royalty obligation 2,000 2,000
Deferred tax liability, net 162 155
Derivative liability 5,670 5,550
Other long-term liabilities 1,281 1,366
Total liabilities 224,813 13,689
Mezzanine equity:    
Temporary equity, values issued 11,457 0
Stockholders’ (deficit) equity:    
Common stock—$0.001 par value; 200,000,000 shares authorized at March 31, 2024 and December 31, 2023; 1,034,130 and 801,746 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 1 1
Additional paid-in capital 343,881 342,437
Accumulated deficit (456,424) (335,134)
Total stockholders’ (deficit) equity (112,542) 7,304
Total liabilities, mezzanine equity and stockholders’ (deficit) equity 123,728 20,993
Series C Preferred Stock    
Mezzanine equity:    
Temporary equity, values issued 11,457 0
Series D Preferred Stock    
Mezzanine equity:    
Temporary equity, values issued 0 0
Series E Preferred Stock    
Mezzanine equity:    
Temporary equity, values issued $ 0 $ 0