v3.25.2
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive (Loss) Gain
Accumulated Deficit
Total
Balance, Beginning at Dec. 31, 2023 $ 1 $ 952,491 $ (105) $ (615,710) $ 336,677
Balance, Beginning (in shares) at Dec. 31, 2023 57,708,613        
Increase (Decrease) in Stockholders' Equity          
Issuance of common stock under equity incentive and employee stock purchase plans   10,371     10,371
Issuance of common stock under equity incentive and employee stock purchase plans (in shares) 989,254        
Shares withheld for net settlement of tax withholding upon vesting of restricted stock units   (600)     $ (600)
Shares withheld for net settlement of tax withholding upon vesting of restricted stock units (in shares) (20,793)        
Issuance of common stock upon exercise of Pre-Funded Warrants (in shares) 84,989       84,992
Stock-based compensation expense   18,296     $ 18,296
Other comprehensive income (loss)     (144)   (144)
Net (loss) income       176,724 176,724
Balance, Ending at Jun. 30, 2024 $ 1 980,558 (249) (438,986) 541,324
Balance, Ending (in shares) at Jun. 30, 2024 58,762,063        
Balance, Beginning at Mar. 31, 2024 $ 1 969,042 (229) (408,370) 560,444
Balance, Beginning (in shares) at Mar. 31, 2024 58,600,787        
Increase (Decrease) in Stockholders' Equity          
Issuance of common stock under equity incentive and employee stock purchase plans   2,572     2,572
Issuance of common stock under equity incentive and employee stock purchase plans (in shares) 161,276        
Issuance of common stock upon exercise of Pre-Funded Warrants (in shares) 84,989        
Stock-based compensation expense   8,944     8,944
Other comprehensive income (loss)     (20)   (20)
Net (loss) income       (30,616) (30,616)
Balance, Ending at Jun. 30, 2024 $ 1 980,558 (249) (438,986) 541,324
Balance, Ending (in shares) at Jun. 30, 2024 58,762,063        
Balance, Beginning at Dec. 31, 2024 $ 1 1,015,898 (82) (340,522) $ 675,295
Balance, Beginning (in shares) at Dec. 31, 2024 61,035,139       61,035,139
Increase (Decrease) in Stockholders' Equity          
Issuance of common stock under equity incentive and employee stock purchase plans   14,847     $ 14,847
Issuance of common stock under equity incentive and employee stock purchase plans (in shares) 1,085,069        
Shares withheld for net settlement of tax withholding upon vesting of restricted stock units   (479)     (479)
Shares withheld for net settlement of tax withholding upon vesting of restricted stock units (in shares) (12,636)        
Stock-based compensation expense   24,714     24,714
Other comprehensive income (loss)     67   67
Net (loss) income       (46,426) (46,426)
Balance, Ending at Jun. 30, 2025 $ 1 1,054,980 (15) (386,948) $ 668,018
Balance, Ending (in shares) at Jun. 30, 2025 62,107,572       62,107,572
Balance, Beginning at Mar. 31, 2025 $ 1 1,041,143 85 (352,177) $ 689,052
Balance, Beginning (in shares) at Mar. 31, 2025 61,928,760        
Increase (Decrease) in Stockholders' Equity          
Issuance of common stock under equity incentive and employee stock purchase plans   2,925     2,925
Issuance of common stock under equity incentive and employee stock purchase plans (in shares) 178,812        
Stock-based compensation expense   10,912     10,912
Other comprehensive income (loss)     (100)   (100)
Net (loss) income       (34,771) (34,771)
Balance, Ending at Jun. 30, 2025 $ 1 $ 1,054,980 $ (15) $ (386,948) $ 668,018
Balance, Ending (in shares) at Jun. 30, 2025 62,107,572       62,107,572