2023 Q1 Form 10-Q Financial Statement

#000196291823000007 Filed on June 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q1
Revenue $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $11.91M
YoY Change
% of Gross Profit
Research & Development $167.9M $13.00M
YoY Change 1191.39%
% of Gross Profit
Depreciation & Amortization $0.00
YoY Change
% of Gross Profit
Operating Expenses $179.8M $16.09M
YoY Change 1018.02%
Operating Profit -$179.8M -$16.09M
YoY Change 1018.02%
Interest Expense $3.446M
YoY Change
% of Operating Profit
Other Income/Expense, Net -$63.00K $0.00
YoY Change
Pretax Income -$176.5M
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$176.5M -$16.09M
YoY Change 996.98%
Net Earnings / Revenue
Basic Earnings Per Share -$8.61 -$17.89
Diluted Earnings Per Share -$8.61 -$17.89
COMMON SHARES
Basic Shares Outstanding 20.49M shares 899.3K shares
Diluted Shares Outstanding 20.49M shares 899.3K shares

Balance Sheet

Concept 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $289.2M
YoY Change
Cash & Equivalents $289.2M $212.6M
Short-Term Investments $0.00
Other Short-Term Assets $2.412M
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $291.9M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $238.0K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.093M
YoY Change
Total Long-Term Assets $6.663M
YoY Change
TOTAL ASSETS
Total Short-Term Assets $291.9M
Total Long-Term Assets $6.663M
Total Assets $298.5M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.77M
YoY Change
Accrued Expenses $19.61M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $33.66M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $11.61M
YoY Change
Total Long-Term Liabilities $11.61M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $33.66M
Total Long-Term Liabilities $11.61M
Total Liabilities $45.28M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$283.5M
YoY Change
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$143.4M -$56.53M
YoY Change
Total Liabilities & Shareholders Equity $298.5M
YoY Change

Cashflow Statement

Concept 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$176.5M -$16.09M
YoY Change 996.98%
Depreciation, Depletion And Amortization $0.00
YoY Change
Cash From Operating Activities -$25.30M -$14.60M
YoY Change 73.29%
INVESTING ACTIVITIES
Capital Expenditures $238.0K $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $150.4M
YoY Change
Cash From Investing Activities $47.54M $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$129.0K $125.0M
YoY Change -100.1%
NET CHANGE
Cash From Operating Activities -$25.30M -$14.60M
Cash From Investing Activities $47.54M $0.00
Cash From Financing Activities -$129.0K $125.0M
Net Change In Cash $22.08M $110.4M
YoY Change -80.0%
FREE CASH FLOW
Cash From Operating Activities -$25.30M -$14.60M
Capital Expenditures $238.0K $0.00
Free Cash Flow -$25.54M -$14.60M
YoY Change 74.92%

Facts In Submission

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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q1 slrn Offering Costs Incurred During Noncash Or Partial Noncash Transaction
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CY2023Q1 us-gaap Stock Issued1
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CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;padding-left:27pt;text-align:justify"><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:12pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of expenses during the reporting period. On an ongoing basis, the Company evaluates estimates and assumptions, including but not limited to those related to the fair value of its derivative tranche liability, the fair value of its common stock, stock-based compensation expense, accruals for research and development expenses, valuation of deferred tax assets, and uncertain income tax positions. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ materially from those estimates.</span></div>
CY2023Q1 us-gaap Number Of Operating Segments
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CY2023Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt;padding-left:27pt;text-align:justify"><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-top:12pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash and cash equivalents, and short-term marketable securities are financial instruments that potentially subject the Company to concentrations of credit risk. As of March 31, 2023 and December 31, 2022, cash consists of cash deposited with two and one financial institution, respectively, and account balances may at times exceed federally insured limits. Subsequent to March 31, 2023, the Company deposited its cash balance in three financial institutions due to the instability in the banking sector following multiple bank failures.</span></div>The Company also has investments in money market funds, U.S. Treasury obligations, corporate debt obligations, and federal agency obligations, which can be subject to certain credit risks. The Company mitigates the risks by investing in high-grade instruments, limiting its exposure to any one issuer and monitoring the ongoing creditworthiness of the financial institutions and issuers. The Company has not experienced any losses on its financial instruments.
CY2023Q1 slrn Concentration Risk Credit Risk Number Of Financial Institutions With Cash Deposits
ConcentrationRiskCreditRiskNumberOfFinancialInstitutionsWithCashDeposits
2 institution
CY2022Q4 slrn Concentration Risk Credit Risk Number Of Financial Institutions With Cash Deposits
ConcentrationRiskCreditRiskNumberOfFinancialInstitutionsWithCashDeposits
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CY2023Q1 us-gaap Deferred Costs
DeferredCosts
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CY2022Q4 us-gaap Deferred Costs
DeferredCosts
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CY2023Q1 slrn Asset Acquisition Separately Recognized Transactions Severance Payable Current
AssetAcquisitionSeparatelyRecognizedTransactionsSeverancePayableCurrent
3300000 usd
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AssetAcquisitionSeparatelyRecognizedTransactionsSeverancePayableNoncurrent
200000 usd
CY2023Q1 us-gaap Assets Fair Value Disclosure
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CY2023Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
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CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
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CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
147000 usd
CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
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CY2023Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
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CY2023Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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CY2023Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
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DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
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CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
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CY2022Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
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CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
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CY2023Q1 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss Current
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DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLossCurrent
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CY2023Q1 us-gaap Debt Securities Available For Sale Accrued Interest Writeoff
DebtSecuritiesAvailableForSaleAccruedInterestWriteoff
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CY2023Q1 slrn Prepaid Research And Development Expenses Current
PrepaidResearchAndDevelopmentExpensesCurrent
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PrepaidResearchAndDevelopmentExpensesCurrent
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PrepaidOtherServicesCurrent
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CY2023Q1 us-gaap Prepaid Insurance
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465000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
86000 usd
CY2023Q1 slrn Research And Development Credit Receivable Current
ResearchAndDevelopmentCreditReceivableCurrent
250000 usd
CY2022Q4 slrn Research And Development Credit Receivable Current
ResearchAndDevelopmentCreditReceivableCurrent
250000 usd
CY2023Q1 us-gaap Interest Receivable Current
InterestReceivableCurrent
0 usd
CY2022Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
138000 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2662000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1444000 usd
CY2023Q1 us-gaap Deferred Costs
DeferredCosts
3082000 usd
CY2022Q4 us-gaap Deferred Costs
DeferredCosts
774000 usd
CY2023Q1 slrn Prepaid Research And Development Expense Noncurrent
PrepaidResearchAndDevelopmentExpenseNoncurrent
1977000 usd
CY2022Q4 slrn Prepaid Research And Development Expense Noncurrent
PrepaidResearchAndDevelopmentExpenseNoncurrent
1964000 usd
CY2023Q1 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
34000 usd
CY2022Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
0 usd
CY2023Q1 slrn Asset Acquisition Transaction Costs Current
AssetAcquisitionTransactionCostsCurrent
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AssetAcquisitionTransactionCostsCurrent
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CY2023Q1 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
5093000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
3859000 usd
CY2023Q1 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P3Y
CY2023Q1 slrn Lessee Operating Lease Monthly Payments
LesseeOperatingLeaseMonthlyPayments
30500 usd
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
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AccruedProfessionalFeesCurrent
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AccruedSalariesCurrent
3068000 usd
CY2023Q1 slrn Accrued Liabilities And Current Liabilities Other
AccruedLiabilitiesAndCurrentLiabilitiesOther
157000 usd
CY2022Q4 slrn Accrued Liabilities And Current Liabilities Other
AccruedLiabilitiesAndCurrentLiabilitiesOther
361000 usd
CY2023Q1 slrn Accrued Compensation And Other Current Liabilities
AccruedCompensationAndOtherCurrentLiabilities
5527000 usd
CY2022Q4 slrn Accrued Compensation And Other Current Liabilities
AccruedCompensationAndOtherCurrentLiabilities
4237000 usd
CY2023Q1 us-gaap Deferred Offering Costs
DeferredOfferingCosts
2200000 usd
CY2022Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
200000 usd
CY2023Q1 slrn Lessee Operating Lease Square Feet Leased
LesseeOperatingLeaseSquareFeetLeased
10012 sqft
CY2022Q1 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P65M
CY2023Q1 slrn Lessee Operating Lease Annual Rent Increase Percent
LesseeOperatingLeaseAnnualRentIncreasePercent
0.030
CY2023Q1 slrn Lessee Operating Lease Rent Abatement Term
LesseeOperatingLeaseRentAbatementTerm
P6M
CY2023Q1 us-gaap Security Deposit
SecurityDeposit
34000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1300000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1300000 usd
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
100000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
26000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
375000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
386000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
397000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
409000 usd
CY2023Q1 slrn Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
280000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1873000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
558000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1315000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1315000 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P65M
CY2023Q1 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.12
CY2023Q1 us-gaap Variable Lease Payment
VariableLeasePayment
100000 usd
CY2023Q1 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
104461636 shares
CY2022Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
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CY2023Q1 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
40743522 shares
CY2023Q1 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
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CY2022Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
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CY2022Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
40743522 shares
CY2023Q1 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
408000000 usd
CY2022Q4 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
408000000 usd
CY2023Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
396593000 usd
CY2022Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
396593000 usd
CY2022Q4 slrn Temporary Equity Convertible Conversion Ratio
TemporaryEquityConvertibleConversionRatio
0.01
CY2023Q1 slrn Temporary Equity Voting Rights Number Of Directors
TemporaryEquityVotingRightsNumberOfDirectors
3 director
CY2023Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
10100000 usd
CY2023Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
100000 usd
CY2023Q1 slrn Common Stock Outstanding Share Ownership Threshold Percentage
CommonStockOutstandingShareOwnershipThresholdPercentage
0.099
CY2023Q1 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
0 usd
CY2023Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
50316364 shares
CY2022Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
48458034 shares
CY2020Q3 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
2839749 shares
CY2020Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
0.00002
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.9136
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.9220
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
1.0211
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
1.0281
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0339
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0412
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0169
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0183
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7139000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1610000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7139000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1610000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-176450000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-16085000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
21023566 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
3085044 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
531465 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
2185725 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20492101 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20492101 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
899319 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-8.61
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-8.61
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-17.89
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-17.89
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
49128447 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
32529568 shares
CY2023Q1 slrn Valuation Allowance Deferred Tax Assets Minimum Percentage
ValuationAllowanceDeferredTaxAssetsMinimumPercentage
1
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0

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