v3.24.0.1
Statements of Comprehensive (Loss) Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Statements of Comprehensive (Loss) Income [Abstract]    
License and collaborations revenue $ 19,049 $ 39,850
Operating expenses:    
General and administrative 11,959 7,269
Research and development 17,653 14,355
Total operating expenses 29,612 21,624
(Loss) income from operations (10,563) 18,226
Financing costs (Note 8) (1,328) 0
Interest expense (Note 4) 0 (9)
Fair value change in derivative liabilities 80 0
Other income (expense), net 1,837 (14)
(Loss) income before income taxes (9,974) 18,203
Provision for income taxes (12) (315)
Net (loss) income (9,986) 17,888
Other comprehensive (loss) income, net of tax 0 0
Comprehensive (loss) income $ (9,986) $ 17,888
Net (loss) income per share (Note 10):    
Basic (in dollars per share) $ (0.46) $ 0.9
Diluted (in dollars per share) $ (0.46) $ 0.87
Number of shares used in per share calculations:    
Basic (in shares) 21,589,821 19,931,080
Diluted (in shares) 21,589,821 20,597,212

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