v3.25.2
Condensed Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Common Stock
Non-Voting Common Stock [Member]
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Balance at Dec. 31, 2023 $ 203,234 $ 331 $ 255 $ 1,023,739 $ 151 $ (821,242)
Balance, shares at Dec. 31, 2023   33,180,749 25,500,383      
Conversion of non-voting common stock into voting common stock   $ 1 $ (1)      
Conversion of non-voting common stock into voting common stock, shares   113,400 (113,400)      
Exercise of stock options, net of shares withheld for taxes and exercise costs 192 $ 1   191    
Exercise of stock options, net of shares withheld for taxes and exercise costs, shares   113,314        
Issuance of common stock for vested restricted stock units 0 $ 2   (2)    
Issuance of common stock for vested restricted stock units, shares   156,439        
Unrealized loss on marketable securities (279)       (279)  
Stock-based compensation expense 7,922     7,922    
Net Income (Loss) (49,816)         (49,816)
Balance at Mar. 31, 2024 161,253 $ 335 $ 254 1,031,850 (128) (871,058)
Balance, shares at Mar. 31, 2024   33,563,902 2,538,698      
Balance at Dec. 31, 2023 203,234 $ 331 $ 255 1,023,739 151 (821,242)
Balance, shares at Dec. 31, 2023   33,180,749 25,500,383      
Unrealized loss on marketable securities (346)          
Net Income (Loss) (97,718)          
Balance at Jun. 30, 2024 122,358 $ 338 $ 254 1,040,921 (195) (918,960)
Balance, shares at Jun. 30, 2024   33,852,584 25,386,983      
Balance at Mar. 31, 2024 161,253 $ 335 $ 254 1,031,850 (128) (871,058)
Balance, shares at Mar. 31, 2024   33,563,902 2,538,698      
Exercise of stock options, net of shares withheld for taxes and exercise costs 64 $ 1   63    
Exercise of stock options, net of shares withheld for taxes and exercise costs, shares   76,339        
Issuance of common stock for vested restricted stock units 0 $ 1   (1)    
Issuance of common stock for vested restricted stock units, shares   96,550        
Purchases under employee stock purchase plan, value 582 $ 1   581    
Purchases under employee stock purchase plan, shares   115,793        
Unrealized loss on marketable securities (67)       (67)  
Stock-based compensation expense 8,428     8,428    
Net Income (Loss) (47,902)         (47,902)
Balance at Jun. 30, 2024 122,358 $ 338 $ 254 1,040,921 (195) (918,960)
Balance, shares at Jun. 30, 2024   33,852,584 25,386,983      
Balance at Dec. 31, 2024 48,172 $ 342 $ 254 1,064,454 159 (1,017,037)
Balance, shares at Dec. 31, 2024   34,263,707 25,386,983      
Exercise of stock options, net of shares withheld for taxes and exercise costs 5     5    
Exercise of stock options, net of shares withheld for taxes and exercise costs, shares   5,264        
Issuance of common stock for vested restricted stock units 0 $ 4   (4)    
Issuance of common stock for vested restricted stock units, shares   402,281        
Unrealized loss on marketable securities (74)       (74)  
Stock-based compensation expense 5,487     5,487    
Net Income (Loss) (52,892)         (52,892)
Balance at Mar. 31, 2025 698 $ 346 $ 254 1,069,942 85 (1,069,929)
Balance, shares at Mar. 31, 2025   34,671,252 25,386,983      
Balance at Dec. 31, 2024 48,172 $ 342 $ 254 1,064,454 159 (1,017,037)
Balance, shares at Dec. 31, 2024   34,263,707 25,386,983      
Unrealized loss on marketable securities (151)          
Net Income (Loss) 44,692          
Balance at Jun. 30, 2025 100,930 $ 347 $ 254 1,072,666 8 (972,345)
Balance, shares at Jun. 30, 2025   34,806,942 25,386,983      
Balance at Mar. 31, 2025 698 $ 346 $ 254 1,069,942 85 (1,069,929)
Balance, shares at Mar. 31, 2025   34,671,252 25,386,983      
Exercise of stock options 8 $ 0   8    
Exercise of stock options, shares   10,000        
Issuance of common stock for vested restricted stock units 0 $ 1   (1)    
Issuance of common stock for vested restricted stock units, shares   122,014        
Purchases under employee stock purchase plan, value 4 $ 0   4    
Purchases under employee stock purchase plan, shares   3,676        
Unrealized loss on marketable securities (77)       (77)  
Stock-based compensation expense 2,713     2,713    
Net Income (Loss) 97,584     0   97,584
Balance at Jun. 30, 2025 $ 100,930 $ 347 $ 254 $ 1,072,666 $ 8 $ (972,345)
Balance, shares at Jun. 30, 2025   34,806,942 25,386,983