v3.25.2
Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid In Capital
Accumulated Other Comprehensive Gain (Loss)
Accumulated Deficit
Noncontrolling Interest
Beginning Balance at Dec. 31, 2023 $ 308,278 $ 14 $ 1,452,502 $ 215 $ (1,144,332) $ (121)
Beginning Balance, Shares at Dec. 31, 2023   145,082,271        
Issuance of common stock for cash upon exercise of stock options 74   74      
Issuance of common stock for cash upon exercise of stock options, Shares   45,900        
Vesting of restricted stock units, net   2,334,030        
Share-based compensation expense 27,256   27,256      
Other comprehensive loss (397)     (397)    
Net (loss) income (93,781)       (93,729) (52)
Ending Balance at Jun. 30, 2024 241,430 $ 14 1,479,832 (182) (1,238,061) (173)
Ending Balance, Shares at Jun. 30, 2024   147,462,201        
Beginning Balance at Mar. 31, 2024 274,766 $ 14 1,466,844 (106) (1,191,839) (147)
Beginning Balance, Shares at Mar. 31, 2024   147,368,324        
Issuance of common stock for cash upon exercise of stock options 30   30      
Issuance of common stock for cash upon exercise of stock options, Shares   15,000        
Vesting of restricted stock units, net   78,877        
Share-based compensation expense 12,958   12,958      
Other comprehensive loss (76)     (76)    
Net (loss) income (46,248)       (46,222) (26)
Ending Balance at Jun. 30, 2024 241,430 $ 14 1,479,832 (182) (1,238,061) (173)
Ending Balance, Shares at Jun. 30, 2024   147,462,201        
Beginning Balance at Dec. 31, 2024 202,485 $ 14 1,506,353 166 (1,303,824) (224)
Beginning Balance, Shares at Dec. 31, 2024   147,773,744        
Issuance of common stock for cash upon exercise of stock options $ 7,061 $ 1 7,060      
Issuance of common stock for cash upon exercise of stock options, Shares 1,120,704 1,120,704        
Vesting of restricted stock units and market-based restricted stock units   3,340,324        
Share-based compensation expense $ 25,506   25,506      
Other comprehensive loss (93)     (93)    
Net (loss) income (55,423)       (55,466) 43
Ending Balance at Jun. 30, 2025 179,536 $ 15 1,538,919 73 (1,359,290) (181)
Ending Balance, Shares at Jun. 30, 2025   152,234,772        
Beginning Balance at Mar. 31, 2025 190,221 $ 15 1,523,950 134 (1,333,676) (202)
Beginning Balance, Shares at Mar. 31, 2025   151,916,722        
Issuance of common stock for cash upon exercise of stock options 1,610   1,610      
Issuance of common stock for cash upon exercise of stock options, Shares   238,211        
Vesting of restricted stock units, net   79,839        
Share-based compensation expense 13,359   13,359      
Other comprehensive loss (61)     (61)    
Net (loss) income (25,593)       (25,614) 21
Ending Balance at Jun. 30, 2025 $ 179,536 $ 15 $ 1,538,919 $ 73 $ (1,359,290) $ (181)
Ending Balance, Shares at Jun. 30, 2025   152,234,772