v3.25.2
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Treasury Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Deficit [Member]
Balances at Dec. 31, 2023 $ 799,530 $ 6 $ (400) $ 3,370,397 $ (814) $ (2,569,659)
Balances, Shares at Dec. 31, 2023   60,043,643        
Treasury Stock Balances, Shares at Dec. 31, 2023     3,033      
Issuance of common stock from exercises of stock options, Amount 52     52    
Issuance of common stock from exercises of stock options, Shares   7,142        
Issuance of common stock under the employee stock purchase plan 1,507     1,507    
Issuance of common stock under the employee stock purchase plan, Shares   61,402        
Stock-based compensation expense 13,170     13,170    
Change in unrealized gain (loss) on available-for-sale securities 27       27  
Vesting of restricted stock units, net of employee tax obligations (2)     (2)    
Vesting of restricted stock units, net of employee tax obligations, Shares   69,844        
Net loss (108,483)         (108,483)
Balances at Mar. 31, 2024 705,801 $ 6 $ (400) 3,385,124 (787) (2,678,142)
Balance, Shares at Mar. 31, 2024   60,182,031        
Treasury Stock Balances, Shares at Mar. 31, 2024     3,033      
Balances at Dec. 31, 2023 799,530 $ 6 $ (400) 3,370,397 (814) (2,569,659)
Balances, Shares at Dec. 31, 2023   60,043,643        
Treasury Stock Balances, Shares at Dec. 31, 2023     3,033      
Net loss (211,337)          
Balances at Jun. 30, 2024 628,062 $ 6 $ (400) 3,410,143 (691) (2,780,996)
Balance, Shares at Jun. 30, 2024   60,894,934        
Treasury Stock Balances, Shares at Jun. 30, 2024     3,033      
Balances at Mar. 31, 2024 705,801 $ 6 $ (400) 3,385,124 (787) (2,678,142)
Balances, Shares at Mar. 31, 2024   60,182,031        
Treasury Stock Balances, Shares at Mar. 31, 2024     3,033      
Issuance of common stock from exercises of stock options, Amount 26     26    
Issuance of common stock from exercises of stock options, Shares   2,920        
Stock-based compensation expense 16,947     16,947    
Issuance of common stock upon public offering, net of issuance costs 8,047     8,047    
Issuance of common stock upon public offering, net of issuance costs, Shares   700,000        
Change in unrealized gain (loss) on available-for-sale securities 96       96  
Vesting of restricted stock units, net of employee tax obligations (1)     (1)    
Vesting of restricted stock units, net of employee tax obligations, Shares   9,983        
Net loss (102,854)         (102,854)
Balances at Jun. 30, 2024 628,062 $ 6 $ (400) 3,410,143 (691) (2,780,996)
Balance, Shares at Jun. 30, 2024   60,894,934        
Treasury Stock Balances, Shares at Jun. 30, 2024     3,033      
Balances at Dec. 31, 2024 $ 465,089 $ 6 $ (400) 3,435,564 244 (2,970,325)
Balances, Shares at Dec. 31, 2024   61,356,209        
Treasury Stock Balances, Shares at Dec. 31, 2024 3,033   3,033      
Issuance of common stock under the employee stock purchase plan $ 242     242    
Issuance of common stock under the employee stock purchase plan, Shares   52,436        
Stock-based compensation expense 6,927     6,927    
Change in unrealized gain (loss) on available-for-sale securities (102)       (102)  
Vesting of restricted stock units, net of employee tax obligations (94)     (94)    
Vesting of restricted stock units, net of employee tax obligations, Shares   1,132,073        
Net loss (62,214)         (62,214)
Balances at Mar. 31, 2025 409,848 $ 6 $ (400) 3,442,639 142 (3,032,539)
Balance, Shares at Mar. 31, 2025   62,540,718        
Treasury Stock Balances, Shares at Mar. 31, 2025     3,033      
Balances at Dec. 31, 2024 $ 465,089 $ 6 $ (400) 3,435,564 244 (2,970,325)
Balances, Shares at Dec. 31, 2024   61,356,209        
Treasury Stock Balances, Shares at Dec. 31, 2024 3,033   3,033      
Net loss $ (111,866)          
Balances at Jun. 30, 2025 $ 368,737 $ 6 $ (400) 3,451,307 15 (3,082,191)
Balance, Shares at Jun. 30, 2025   62,628,219        
Treasury Stock Balances, Shares at Jun. 30, 2025 3,033   3,033      
Balances at Mar. 31, 2025 $ 409,848 $ 6 $ (400) 3,442,639 142 (3,032,539)
Balances, Shares at Mar. 31, 2025   62,540,718        
Treasury Stock Balances, Shares at Mar. 31, 2025     3,033      
Stock-based compensation expense 8,733     8,733    
Change in unrealized gain (loss) on available-for-sale securities (127)       (127)  
Vesting of restricted stock units, net of employee tax obligations (65)     (65)    
Vesting of restricted stock units, net of employee tax obligations, Shares   87,501        
Net loss (49,652)         (49,652)
Balances at Jun. 30, 2025 $ 368,737 $ 6 $ (400) $ 3,451,307 $ 15 $ (3,082,191)
Balance, Shares at Jun. 30, 2025   62,628,219        
Treasury Stock Balances, Shares at Jun. 30, 2025 3,033   3,033