Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues:    
Revenue from contracts with customers $ 2,650 $ 4,150
Revenue recognized under units-of-revenue method 2,108 1,877
Total revenues 4,758 6,027
Operating expenses:    
Research and development 143 153
General and administrative 25,606 23,191
Impairment charges (Note 4, Note 5) 15,828  
Arbitration settlement costs (Note 3) 4,132  
Amortization of intangible assets 897 97
Total operating expenses 46,606 23,441
Loss from operations (41,848) (17,414)
Other income (expense):    
Interest expense (569)  
Other income (expense), net 1,586 295
Loss before income tax (40,831) (17,119)
Income tax benefit 0 15
Net loss (40,831) (17,104)
Comprehensive loss (40,831) (17,104)
Net loss attributable to common stockholders, basic (46,303) (22,576)
Net loss attributable to common stockholders, diluted $ (46,303) $ (22,576)
Basic net loss per share attributable to common stockholders (in dollars per share) $ (4.04) $ (1.98)
Diluted net loss per share attributable to common stockholders (in dollars per share) $ (4.04) $ (1.98)
Weighted average shares used in computing basic net loss per share attributable to common stockholders (in shares) 11,471 11,413
Weighted average shares used in computing diluted net loss per share attributable to common stockholders (in shares) 11,471 11,413