Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.23.1
Consolidated Statements of Operations - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating expenses:    
Research and development $ 12,392,000 $ 8,794,000
General and administrative 5,745,000 5,427,000
Legal settlement 1,600,000
Impairments 19,092,000
Total operating expenses 38,829,000 14,221,000
Loss from operations (38,829,000) (14,221,000)
Other (expense) income:    
Interest expense, net (2,000) (4,000)
Change in fair value of derivative liabilities 12,000 49,000
Foreign exchange loss (18,000) (9,000)
Total other income (expense), net (8,000) 36,000
Net loss $ (38,837,000) $ (14,185,000)
Net loss per common share:    
Loss per share, basic and diluted $ (4.77) $ (0.16)
Weighted average number of common shares outstanding, basic and diluted 8,143 7,364