v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive (Loss) Income
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2023   127,369,142      
Beginning balance at Dec. 31, 2023 $ 941,537 $ 127 $ 1,190,139 $ (1,674) $ (247,055)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock for ESPP (in shares)   70,278      
Issuance of common stock for ESPP 917   917    
Issuance of restricted stock, net of forfeitures (in shares)   (17,398)      
Issuance of restricted stock, net of forfeitures (199)   (199)    
Issuance of common stock for stock options (in shares)   12,764      
Issuance of common stock for stock options 102   102    
Stock issuance fees and expenses (4)   (4)    
Stock-based compensation expense 7,774   7,774    
Net unrealized gain on marketable securities, net of tax 344     344  
Net (loss) income (27,061)       (27,061)
Ending balance (in shares) at Mar. 31, 2024   127,434,786      
Ending balance at Mar. 31, 2024 923,410 $ 127 1,198,729 (1,330) (274,116)
Beginning balance (in shares) at Dec. 31, 2023   127,369,142      
Beginning balance at Dec. 31, 2023 941,537 $ 127 1,190,139 (1,674) (247,055)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net unrealized gain on marketable securities, net of tax 652        
Net (loss) income (45,703)        
Ending balance (in shares) at Jun. 30, 2024   127,851,113      
Ending balance at Jun. 30, 2024 915,884 $ 128 1,209,536 (1,022) (292,758)
Beginning balance (in shares) at Mar. 31, 2024   127,434,786      
Beginning balance at Mar. 31, 2024 923,410 $ 127 1,198,729 (1,330) (274,116)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock for ESPP (in shares)   102,112      
Issuance of common stock for ESPP 1,280   1,280    
Issuance of restricted stock, net of forfeitures (in shares)   32,607      
Issuance of restricted stock, net of forfeitures (1,631)   (1,631)    
Issuance of common stock for stock options (in shares)   281,608      
Issuance of common stock for stock options 2,321 $ 1 2,320    
Stock issuance fees and expenses (3)   (3)    
Stock-based compensation expense 8,841   8,841    
Net unrealized gain on marketable securities, net of tax 308     308  
Net (loss) income (18,642)       (18,642)
Ending balance (in shares) at Jun. 30, 2024   127,851,113      
Ending balance at Jun. 30, 2024 $ 915,884 $ 128 1,209,536 (1,022) (292,758)
Beginning balance (in shares) at Dec. 31, 2024 128,145,333 128,145,333      
Beginning balance at Dec. 31, 2024 $ 902,339 $ 128 1,228,198 (206) (325,781)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock for ESPP (in shares)   132,961      
Issuance of common stock for ESPP 1,424   1,424    
Issuance of restricted stock, net of forfeitures (in shares)   70,829      
Issuance of restricted stock, net of forfeitures (530)   (530)    
Issuance of common stock for stock options (in shares)   7,204      
Issuance of common stock for stock options 58   58    
Stock issuance fees and expenses (3)   (3)    
Stock-based compensation expense 10,754   10,754    
Net unrealized gain on marketable securities, net of tax 150     150  
Net (loss) income (25,923)       (25,923)
Ending balance (in shares) at Mar. 31, 2025   128,356,327      
Ending balance at Mar. 31, 2025 $ 888,269 $ 128 1,239,901 (56) (351,704)
Beginning balance (in shares) at Dec. 31, 2024 128,145,333 128,145,333      
Beginning balance at Dec. 31, 2024 $ 902,339 $ 128 1,228,198 (206) (325,781)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock for stock options (in shares) 9,083        
Net unrealized gain on marketable securities, net of tax $ 235        
Net (loss) income $ (71,015)        
Ending balance (in shares) at Jun. 30, 2025 128,681,713 128,681,713      
Ending balance at Jun. 30, 2025 $ 854,040 $ 128 1,250,679 29 (396,796)
Beginning balance (in shares) at Mar. 31, 2025   128,356,327      
Beginning balance at Mar. 31, 2025 888,269 $ 128 1,239,901 (56) (351,704)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock for ESPP (in shares)   135,778      
Issuance of common stock for ESPP 847   847    
Issuance of restricted stock, net of forfeitures (in shares)   187,729      
Issuance of restricted stock, net of forfeitures (2,297)   (2,297)    
Issuance of common stock for stock options (in shares)   1,879      
Issuance of common stock for stock options 16   16    
Stock issuance fees and expenses (3)   (3)    
Stock-based compensation expense 12,215   12,215    
Net unrealized gain on marketable securities, net of tax 85     85  
Net (loss) income $ (45,092)       (45,092)
Ending balance (in shares) at Jun. 30, 2025 128,681,713 128,681,713      
Ending balance at Jun. 30, 2025 $ 854,040 $ 128 $ 1,250,679 $ 29 $ (396,796)