Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 81,858 $ 7,415
Other receivables 998 136
Prepaid expenses and other current assets 3,251 843
Restricted cash, current portion 41 1
Total current assets 86,148 8,395
Property and equipment, net 1,674 1,965
Goodwill 10,502 10,502
Restricted cash, net of current portion 131 131
Total assets 98,455 20,993
Current liabilities:    
Accounts payable 1,811 446
Accrued expenses and other current liabilities 7,033 4,172
Warrant liability 46,830 0
Contingent consideration 5,000 0
Total current liabilities 60,674 4,618
Royalty obligation 2,000 2,000
Deferred tax liability, net 154 155
Derivative liability 11,810 5,550
Other long-term liabilities 1,083 1,366
Total liabilities 75,721 13,689
Mezzanine equity:    
Temporary equity, values issued 1,658 0
Stockholders’ equity:    
Common stock—$0.001 par value; 200,000,000 shares authorized at September 30, 2024 and December 31, 2023; 9,682,374 and 801,746 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 10 1
Additional paid-in capital 355,990 342,437
Accumulated deficit (334,924) (335,134)
Total stockholders’ equity 21,076 7,304
Total liabilities, mezzanine equity and stockholders’ equity 98,455 20,993
Series C Preferred Stock    
Mezzanine equity:    
Temporary equity, values issued 1,658 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