Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Revenue from contracts with customers $ 1,000  
Revenue recognized under units-of-revenue method 490 $ 437
Total revenues 1,490 437
Operating expenses:    
Research and development 33 54
General and administrative 8,461 6,196
Arbitration settlement costs   4,132
Amortization of intangible assets   225
Total operating expenses 8,494 10,607
Loss from operations (7,004) (10,170)
Other income (expense):    
Interest expense (3,551)  
Other income (expense), net 1,960 357
Net loss (8,595) (9,813)
Comprehensive loss (8,595) (9,813)
Less: accumulated dividends on Series A and Series B preferred stock (1,368) (1,368)
Net loss attributable to common stockholders, basic (9,963) (11,181)
Net loss attributable to common stockholders, diluted $ (9,963) $ (11,181)
Basic net loss per share attributable to common stockholders (in dollars per share) $ (0.86) $ (0.98)
Diluted net loss per share attributable to common stockholders (in dollars per share) $ (0.86) $ (0.98)
Weighted average shares used in computing basic net loss per share attributable to common stockholders (in shares) 11,580 11,460
Weighted average shares used in computing diluted net loss per share attributable to common stockholders (in shares) 11,580 11,460