Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (unaudited)

v3.23.2
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands, shares in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Collaboration revenue $ 0 $ 21,000 $ 0 $ 63,000
Operating expenses:        
Research and development 187,000 184,000 364,000 338,000
Selling, general and administrative 30,000 34,000 61,000 65,000
Goodwill impairment 0 1,000,000 0 1,000,000
Total operating expenses 217,000 1,218,000 425,000 1,403,000
Loss from operations (217,000) (1,197,000) (425,000) (1,340,000)
Other income (expense):        
Change in fair value of derivative liabilities (10,000) 40,000 (12,000) 106,000
Other income, net 9,000 3,000 23,000 3,000
Loss before income taxes (218,000) (1,154,000) (414,000) (1,231,000)
Income tax expense 0 0 0 0
Net loss $ (218,000) $ (1,154,000) $ (414,000) $ (1,231,000)
Basic net loss per share (in usd per share) $ (0.18) $ (1.02) $ (0.35) $ (1.09)
Diluted net loss per share (in usd per share) $ (0.18) $ (1.02) $ (0.35) $ (1.09)
Basic weighted-average shares outstanding (in shares) 1,179 1,131 1,175 1,129
Diluted weighted-average shares outstanding (in shares) 1,179 1,131 1,175 1,129