v3.25.1
Stockholders' Deficit
3 Months Ended
Mar. 31, 2025
Stockholders' Deficit  
Stockholders' Deficit

10.       Stockholders’ Deficit

ATM Offering

The following table summarizes information regarding settlements under the at-the-market offering (“ATM Offering”) for the three months ended March 31, 2025 and 2024:

    

Three Months Ended March 31, 

(in thousands, except share and per share data)

2025

2024

Number of common stock shares sold during the period

650,005

Weighted-average price per share

$

$

2.44

Gross proceeds

$

$

1,589

Less commissions and fees

 

 

(40)

Net proceeds after commissions and fees

$

$

1,549

As of March 31, 2025, the Company had approximately $64.9 million of its common stock remaining available for sales of common stock from time to time through or to Cowen and Company, LLC as the Company’s sales agent or principal in the ATM Offering.