v3.22.2.2
Condensed Consolidated Statements of Operations and Comprehensive Loss
$ in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
USD ($)
$ / shares
shares
Sep. 30, 2022
USN ($)
shares
Sep. 30, 2021
USD ($)
$ / shares
shares
Sep. 30, 2021
USN ($)
shares
Sep. 30, 2022
USD ($)
$ / shares
shares
Sep. 30, 2022
USN ($)
shares
Sep. 30, 2021
USD ($)
$ / shares
shares
Sep. 30, 2021
USN ($)
shares
Condensed Consolidated Statements of Operations and Comprehensive Loss                
Revenue $ 26       $ 60      
Cost of revenue 26       50      
Gross profit         10      
Other operating income 277   $ 447   855   $ 1,135  
Operating expenses:                
Research and development 1,346   1,356   4,150   6,725  
Selling, general and administrative 1,392   1,368   4,002   6,695  
Transaction expenses             1,329  
Total operating expenses 2,738   2,724   8,152   14,749  
Loss from operations (2,461)   (2,277)   (7,287)   (13,614)  
Non-operating (expense)/income                
Loss on foreign currency transactions (1,493) $ (1,493) (386) $ (386) (3,131) $ (3,131) (799) $ (799)
Interest expense             (19)  
Interest income 1   1   3   3  
Total non-operating (expense)/income (1,492)   (385)   (3,128)   (815)  
Loss before income taxes (3,953)   (2,662)   (10,415)   (14,429)  
Net loss (3,953)   (2,662)   (10,415)   (14,429)  
Other comprehensive (loss)/gain:                
Foreign currency translation gain 1,117   82   1,995   115  
Total comprehensive loss $ (2,836)   $ (2,580)   $ (8,420)   $ (14,314)  
Basic net loss per common share | $ / shares $ (0.14)   $ (0.10)   $ (0.36)   $ (0.59)  
Diluted net loss per common share | $ / shares $ (0.14)   $ (0.10)   $ (0.36)   $ (0.59)  
Basic weighted average shares outstanding | shares 29,117,282 29,117,282 27,671,646 27,671,646 28,771,372 28,771,372 24,397,327 24,397,327
Diluted weighted average shares outstanding | shares 29,117,282 29,117,282 27,671,646 27,671,646 28,771,372 28,771,372 24,397,327 24,397,327

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