Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Mezzanine and Stockholders??? Equity (Unaudited)

v3.25.1
Condensed Consolidated Statements of Mezzanine and Stockholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Total
Series C Preferred Stock
Series C Preferred Stock
Private Placement
Series D Preferred Stock
Series D Preferred Stock
Private Placement
Series E Preferred Stock
Series E Preferred Stock
Private Placement
AlmataBio Transaction
AlmataBio Transaction
Series C Preferred Stock
Common stock
Common stock
AlmataBio Transaction
Series C Preferred Stock
Series C Preferred Stock
Additional paid-in capital
Additional paid-in capital
AlmataBio Transaction
Accumulated deficit
Balance at the beginning (in shares) at Dec. 31, 2023 0                            
Balance at the beginning at Dec. 31, 2023 $ 0                            
Increase (Decrease) in Temporary Equity [Roll Forward]                              
Issuance of stock (in shares)     19,946   1   1   2,412            
Issuance of Series C Preferred Stock pursuant to AlmataBio Transaction                 $ 11,457            
Balance at the end (in shares) at Mar. 31, 2024 22,360                            
Balance at the end at Mar. 31, 2024 $ 11,457                            
Balance at the beginning (in shares) at Dec. 31, 2023                   801,746          
Balance at the beginning at Dec. 31, 2023 7,304                 $ 1   $ 0 $ 342,437   $ (335,134)
Balance at the beginning (in shares) at Dec. 31, 2023                       0      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Impact of reverse split fractional share round-up (in shares)                   60,779          
Issuance of common stock pursuant to Almata Transaction (in shares)                     171,605        
Issuance of common stock pursuant to AlmataBio Transaction               $ 815           $ 815  
Stock-based compensation 629                       629    
Net loss (121,290)                           (121,290)
Balance at the end (in shares) at Mar. 31, 2024                   1,034,130          
Balance at the end at Mar. 31, 2024 $ (112,542)                 $ 1   $ 0 343,881   (456,424)
Balance at the end (in shares) at Mar. 31, 2024                       0      
Balance at the beginning (in shares) at Dec. 31, 2024 2     1   1                  
Balance at the beginning at Dec. 31, 2024 $ 0     $ 0   $ 0                  
Balance at the end (in shares) at Mar. 31, 2025 2     1   1                  
Balance at the end at Mar. 31, 2025 $ 0     $ 0   $ 0                  
Balance at the beginning (in shares) at Dec. 31, 2024 10,471,934                 10,471,934          
Balance at the beginning at Dec. 31, 2024 $ 133,032                 $ 10   $ 0 503,285   (370,263)
Balance at the beginning (in shares) at Dec. 31, 2024   24,896                   24,896      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Issuance of common stock in exchange for retirement of Series C Preferred Stock (in shares)                   200,000          
Issuance of common stock in exchange for retirement of Series C Preferred Stock 1                 $ 1          
Issuance of common stock in exchange for retirement of Series C Preferred Stock (in shares)   (200)                   (200)      
Vesting of Restricted Stock Units net of shares withheld for taxes (in shares)                   155,686          
Vesting of Restricted Stock Units net of shares withheld for taxes (510)                       (510)    
Stock-based compensation 3,241                       3,241    
Net loss $ (13,149)                           (13,149)
Balance at the end (in shares) at Mar. 31, 2025 10,827,620                 10,827,620          
Balance at the end at Mar. 31, 2025 $ 122,615                 $ 11   $ 0 $ 506,016   $ (383,412)
Balance at the end (in shares) at Mar. 31, 2025   24,696                   24,696