Quarterly report [Sections 13 or 15(d)]

Statements of Operations (Unaudited)

v3.25.1
Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating expenses:    
Research and development $ 2,171 $ 6,813
General and administrative 5,818 2,391
Total operating expenses 7,989 9,204
Loss from operations (7,989) (9,204)
Other income (expenses):    
Interest income 226 69
Interest expense (15) (20)
Change in fair value of warrant liability 8,348 (11,808)
Total other income (expenses) 8,559 (11,759)
Net (loss) income 570 (20,963)
Net (loss) income attributable to common stockholders, basic 510 (21,171)
Net loss attributable to common stockholders, diluted $ (6,214) $ (21,171)
Net (loss) income per share:    
Basic (in Dollars per share) $ (0.61)
Diluted (in Dollars per share) $ (0.05) $ (0.61)
Weighted-average shares outstanding:    
Basic (in Shares) 116,818,811 34,912,692
Diluted (in Shares) 123,834,773 34,912,692